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The black hole candidate and X-ray binary MAXI J1535-571 was discovered in September 2017. During the decay of its discovery outburst, and before returning to quiescence, the source underwent at least four reflaring events, with peak luminosities of $\sim$10$^{35-36}$ erg s$^{-1}$ (d/4.1 kpc)$^2$. To investigate the nature of these flares, we analysed a sample of NICER observations taken with almost daily cadence. In this work we present the detailed spectral and timing analysis of the evolution of the four reflares. The higher sensitivity of NICER at lower energies, in comparison with other X-ray detectors, allowed us to constrain the disc component of the spectrum at $\sim$0.5 keV. We found that during each reflare the source appears to trace out a q-shaped track in the hardness-intensity diagram similar to those observed in black hole binaries during full outbursts. MAXI J1535-571 transits between the hard state (valleys) and softer states (peaks) during these flares. Moreover, the Comptonised component is undetected at the peak of the first reflare, while the disc component is undetected during the valleys. Assuming the most likely distance of 4.1 kpc, we find that the hard-to-soft transitions take place at the lowest luminosities ever observed in a black hole transient, while the soft-to-hard transitions occur at some of the lowest luminosities ever reported for such systems.