When most homeowners list their homes, they're hoping to secure the best selling price possible. Our REALTORS® know that each of our clients listing Ann Arbor homes for sale are relying on a financially successful home sale to fund the next chapter of their lives. While we will always act in the best interest of our clients, we believe that all home sellers should be aware that certain situations may warrant a price reduction on the property. When is it appropriate for a seller to reduce the asking price on their home? Here are a few common reasons.