Debbie ninety per cent of the time buyers and agents know it is a decrease... the 10% who raise it all I can say is WHY?Endre

I see sign riders with " New Low Price", " Priced Reduced", " Improved Price", etc. I think most people assume " new price" means reduced price.

Interesting question.   For the most part, there seems to be no secrets anymore --- it seems most of the information is readily available.   

In my mls is a bright line: ''reduced'' or ''increased'' over the main picture. 

John Q seems to know EVERYTHING now, thanks to the internet, Debbie!!

I think the public assumes that the price has decreased.

I the public associates new price with reduction.

I think they assume that it's a reduction, which of course is not always the case.

It depends on where the public is pulling up information. I think when a price change is announced most people assume it's a reduction.

I dont think that they pay that much attention, and why would they unless they have their heart set on a specific home.

I guess it depends on what medium the public is using. Obviously a sign that simply says "new price" is a mystery. Sometimes a little mystery can be a good thing.

But most MLS and even commericial sites like Zillow or Trulia will indicate whether it is a reduction or increase.

In our MLS system when a price goes down or up a green arrow indicates which direction the price went Debbie Reynolds 

They don't but I normally put that in the comments

Our company website notes price reductions. And as a company we actively market all of our price reductions on our flyers, ads, etc.

MLS has the up and down arrow to indicate if increase  or reduction.

As Endre Barath, Jr. wrote and if it is an increase, the capital improvement should be detailed in the public remarks

Yes. Full disclosure is a good policy.

People are trained to believe it's a reduction.  Very few times is it an increase (although I have done a few of those in the last year or two).

The price does show increased or decreased. I see many price increases in my market ... I am with Endre Barath, Jr. ...WHY?

The public does not know in my area on our public site, www.realtor.ca, whether the price went up or down...unless we specify something in the description of the listing. I think it would be beneficial if they was a price reducdtion.. but not if it goes up!

 Zillow now shows property history.  In some cases, that includes price changes.

The public is much sophisticated. Use Redfin as an example, it shows how much it was sold for, dates, mls #, each price increase, estimated cost, proability it will sell quickly, and how much more $ the buyer will receive from brokerage using their own agent. 

Recent years about 2/3 of homes are priced below market. At first OH they raised the price forcing people to bid up.  I suspect there will be a crack down as it sounds like bait and switch to me. 

Debbie,

I agree with Endre Barath, Jr.   On occasion, I have seen the price go up after the house has been of the market.  A

Good point. Most probably assume the price has been lowered! 

Debbie Reynolds Generally the public doesn't know. They assume it is a price reduction.

In our MLS, there is an arrow pointing up or down...

I think most consumers and agents associates new price with price reduction!

The price subject is dicey when lowered & questionable when raised. Explaining the change gives buyers less to analyze & more to appreciate

My RM website lets me turn that feature off which I do. No mention of price adjustments there. MLS tells them obviously.

I think you have to be a little bit 'off' not to know that we mostly decrease prices.

well, we don't raise prices.... we list at the upper end of fair market value.... it's not an exact science, as you well know.... mls, has the little arrow that indicates upward or downward for agents.... buyers should have buyer agents!

Agents can see the price history in the MLS...

You can look up the property on Zillow and it will show all price reductions or increases.

I have seen agents adjust the price upward and then downward... just moments apart.  Apparently in an effott to show up in automatic searches as changed status without really changing anything...

"Reduced price" is one of the phrases on the list of words that hurt the seller.

Good point. Most people would automatically think the new price is lower.

I am surprised different most services handle this differently.

Our MLS Reports show the Original List Price. That tells most of the story. Members can also read a detailed history of ALL the changes to a listing.

Good idea.

I think one assumes it went down.

No. Those confused by such a rider are not good home owner candidates.

If the agent is confused....oh my!

As a matter of reality, most will jump to their devise to confirm how brilliant they are. That is spelled 'Mission Accomplished!' Hopefully the listing agent set the events properly

curiosity killed the cat

Most of the real estate portals make it very clear - if the price is up or down!

Our MLS shows the price history

I believe buyers and agents assume the price was reduced.  Sometimes I see a property with increased price and usually the agent will post why the increase, such as new floors or seller added acreage.

In our MLS it will show which direction the price went.

The natural assumption is that the price dropped but I think they should be more specific.