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The market isn't beating you. Day nine is.

Q2 FMLS data: unreduced listings go under contract in 10 days at 100% of ask. Reduced listings take 63 and settle for 93.6%. What changed, and how to adjust.

By Austin Sizemore · Jul 2026 · 7 min

Every week right now, some version of the same sentence lands on my calendar.

This market sucks.

The market is beating my ass.

Different agents. Different price points. Different tenure. Same sentence.

School starts back here in Georgia next week. Summer's collapsing, everybody's scrambling to get life back to normal, and the agents I'm talking to are reading the slowdown around them as a verdict on the market.

Encouragement is cheap. The truth is just the truth.

Operators don't diagnose a market by how it feels. They know their numbers, they read what's actually happening, and they execute against what's winning right now — not what worked last year, not what worked in 2022.

So here's what's winning right now.

Metro Atlanta, Q2. FMLS data via Inspire Intelligence.

If you're reading this from another market, these aren't your numbers — but the pattern will be. Pull yours when you're done.

A listing that never needs a price reduction goes under contract in 10 days.

A listing that needs one takes 63.

Same market. Same quarter. Same buyers.

Now look at what the wait costs. The listings that never reduced sold for 100% of their original asking price — flat, every band from $150K to $749K. The ones that reduced settled at 93.6%.

Six and a half points. On our $415,000 median, that's north of $26,000. Plus 53 extra days of payments, showings, and a house nobody's living in the way they want to.

The seller didn't lose that money at the negotiating table.

They lost it the day the sign went in the yard.

Here's the part that ought to change how you run an appointment.

Sale-to-original-list price holds at 100% through about day eight. Then it falls. Every single day after. 98.9%. 98.4%. 97.7%. By day 29 it's under 97%, and it never comes back.

Closed sales peak on day three and four, then fall off a cliff. Price reductions climb the exact opposite direction.

You get eight days at full price.

Every day after that has a number attached to it.

You've probably already noticed this without naming it. Listings right now either move fast or they sit. There's no middle. The median across our market is 22 days — and that number is lying to you, because it's the average of two completely different outcomes. Ten and sixty-three don't average into anything real.

It's a coin flip decided in the first week.

And the coin is weighted by one thing.

The play didn't stop working. The clock underneath it changed.

List a little high, let the market come to you, negotiate down. That used to be survivable. Appreciation covered the mistake. Multiple offers covered the mistake. Nothing covers it now.

Same play. Different clock.

Which means this isn't about anybody being bad at their job. It's about a play running on assumptions that expired.

One more number, because it's the one nobody prints: 41.8% of listings in our market came off market last quarter without selling.

Four in ten.

And that 22-day median only counts the homes that sold. The four in ten aren't in it. The real picture is worse than the median admits.

If you're new — the risk isn't getting the listing. It's taking one you can't sell. Four in ten is the number that ends careers, and it ends them quietly.

If you're mid-career and your pipeline used to feel automatic, your instinct for price was calibrated in a market that doesn't exist anymore. Recalibrate on purpose.

If you sell between $1M and $1.99M, sit with this one: in our market, your days on market are up 30% year over year and your price reductions are up 18.2%. Your band slowed harder than any band underneath it. You are the least likely person reading this to think this letter is about you.

If you're running a team or a market center — that number is your vacancy rate. Run it for your own market before you plan Q4. You're funding photography, staging, and marketing on inventory that will never close, and it's landing in your P&L as a marketing problem instead of a pricing problem.

Three moves. That's the whole assignment.

1. Learn two numbers cold. By Friday.

Ten and sixty-three. One hundred percent and ninety-three point six.

Not on a slide. In your mouth. If you can't say them without looking, you can't use them in the only room that matters — the one where a seller just told you their number.

If you're outside metro Atlanta, run the same two splits in your MLS and learn your numbers.

Then rehearse it before you need it. This is the most underused thing AI does for our business — not writing your copy, running the reps with you.

"You're a seller in metro Atlanta. Your home is worth $415,000 and you want to list at $440,000 because your neighbor got their price two years ago. You're polite but you are not moving. I'm going to walk you through what days on market cost you. Push back on me the way a real seller would — bring up the neighbor, bring up 'we can always come down,' bring up that you're not in a hurry. Don't fold easily. When we're done, tell me where I lost you."

Run it ten times tonight. Lose the argument nine times in a room where it doesn't cost you a listing.

2. Run your own actives against the clock. This week.

Pull every listing you have. Write down what day each one is on.

Past day eight, you're already below full ask and the seller doesn't know it yet. Past day thirty, you're feeding the 41.8%.

Bring them the clock before the market brings it to them. The conversation you're dreading is cheaper this week than it will be in six.

Paste your actives with list dates and let AI do the day count and flag everything past eight and past thirty. Two minutes of arithmetic you're currently not doing.

3. Retire the range. Carry two columns.

This is the adjustment.

Stop walking in with a CMA and a price range, because a range is an invitation to pick the top of it. Walk in with one page and two columns: at market, and five percent over. Days to contract. Percent of ask. Dollars.

Then stop talking. Let the page be the bad guy.

The confidence people keep telling me they need for that conversation isn't a personality trait you either have or you don't. It's what arithmetic gives you. You're not arguing about what a house is worth. You're showing two columns and letting someone choose.

One more thing.

Don't let this die in your inbox.

Take these numbers to the people whose opinions you actually respect — your peers, your leadership, the operators in your market you'd trade real notes with. Put them on the table and ask the uncomfortable version of the question:

What are we still doing because it worked in 2022?

That conversation is worth more than this letter is.

Here's what I want you to leave with.

The agents having the hardest year aren't lazy. They're not in a worse market than anyone else. Most of them are running the same play that built their business — competently, consistently, and on a clock that expired.

The market isn't beating you.

Day nine is.

And day nine is a decision you make before the sign ever goes in the yard.

Building with you,

Austin

P.S. — School starts next week. Half your competition is about to spend a month distracted by carpool line and back-to-school photos. Inventory's down, pendings are up, and the buyers are still out there. This is a good month. Don't spend it defending a price you'll cut in October anyway.


Austin Sizemore is the CEO & Founder of Austin Sizemore Companiesand CEO & Team Leader of Keller Williams Realty Metro Atlanta — a market center, a producing sales team, and the operating systems behind them.

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