Your job is to help your seller reposition their home
Selling a home requires more than marketing, patience or luck. There will be times when you will need to discuss with the seller about pricing and the homes position as it relates to the competition.
We should continually update our sellers to the changes and conditions that impact the selling of their home. A listing agents job duty include consistently providing sound advice to the home owner based on current local real estate trends that will help the seller decide on adjusting to a more realistic price. These ongoing enhancements and reductions coupled with professional marketing should result in more sales!
Keeping a line of communication open between you and the seller is a much wiser course than the do nothing approach that results in an expired listing and an unhappy, frustrated seller.