that the listing prices reduced by more than 25%. The most important thing is to get a trustful agent for a buyer. If the agent told your friend that you can not cut down the prices of new construction houses, the agent is not trustful. Therefore, a buyer have to be confident with his/her agent. But is usually needs some time to understand. Therefore, it is better to work with your agnet for at least 3-6 months before you take action.