When it comes time to sell, pricing your house right is one of the most important decisions you’ll make. Many sellers think they can “test the market” by starting high, but this can backfire—overpricing may cost you thousands and even keep your home from selling.

1. Buyers Shop by Comparison
Today’s buyers are savvy. If your home is overpriced, it won’t make the shortlist—buyers will choose homes that offer better value.

2. Overpricing Means Fewer Showings
The first two weeks are crucial. An overpriced home gets skipped, sits on the market, and quickly looks stale.

3. Reductions Signal Desperation
Price drops often make buyers think something’s wrong—or that you’ll take even less.

4. The Appraisal Roadblock
Even if a buyer offers more, lenders only approve based on appraised value. A low appraisal can sink the deal.

5. Pricing Right Creates Competition
The right price attracts more buyers, generates multiple offers, and can push your final sales price higher.

Bottom Line: Overpricing is a trap. By trusting the data and starting with the right pricing strategy, you’ll attract serious buyers, sell faster, and walk away with the most money possible.

👉 Thinking about selling? Let’s schedule a Seller Strategy Session to review the best plan for your house.

If you would like to learn more and schedule an appointment to talk about pricing or anything Real Estate, please go to the link below.

https://bit.ly/AppointmentRequestLNichols

32 total views, 1 views today