It’s quite simple, a Buyer is not going to pay any more than they have to when purchasing a home. They have been watching the market closely, and are out there looking at all the inventory. They know more than anyone what is available, and for how much. If your price is within the range of your competition, Buyers will come look at your home. If you’re priced too high, they probably will skip it. Your high price will make your competition look good, and will get them sold, not you.
If you had time to see one of these homes that are in the same neighborhood, which one would you go look at?
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Do you want to sell your home or help sell your neighbors home?
Priced Too Low: Be careful to not price the home too low, as you do not want to leave money on the table.
Priced Too High: Homes that are priced too high produce far less showings, and typically those showings do not generate offers.
Accurately Priced: Pricing a home accurately is the best way to ensure that your home will sell in the shortest time possible, yet also achieve the highest price possible.
If you are thinking about selling your home then I would love to talk to you!
