25% discount will sell your home

Story link: 25% discount will sell your home

I am not really sure why estate agents are considering this to be something special. If car dealerships had a sale of 25% discount, they too would see a huge increase in sales, but eventually the novelty would wear off for customers and they would expect further discount in the future.
This will do nothing good for the property market.

25% discount will sell your home

ESTATE agents have identified a “tipping point” that they claim will bring buyers flooding onto the property market.
Homeowners willing to price their property at least 25 per cent below its peak value are swamped with offers, agency Savills said.