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Matt Lauer lost his job, his family is falling apart, and now he’s about to part ways with his Sag Harbor home. If that’s not bad enough, the former Today show host has been having tremendous difficulty selling the home. The price of Matt Lauer’s mansion has been reduced three times and has been on the market for almost two years. What gives? We’ll share all the details.

Here’s one reason Matt Lauer can’t seem to sell his $12.7 million Hamptons mansion.

An uphill battle

Matt Lauer house front yard
He’s been trying to sell his home for over two years. | Corcoran

Lauer has been trying to sell his home since July 2016. It was originally listed for $18 million. He first cut the asking price in September 2016, when he reduced it by $1 million. Buyers still didn’t bite, so he reduced it again in June 2017 to $14.9 million. Then, earlier in 2018, Lauer cut it by another $2.15 million, bringing the asking down to $12.75 million.

The home has been sitting on the market for a while. However, because of the upheaval in his personal life, Lauer is being more aggressive about unloading the property.

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