Sellers: It’s Risky Pricing High to ‘See What Happens’

Posted at 12:11 pm on November 28, 2018

Every seller wants to get the best deal for their house. So why not just price your house to the moon? After all, you can just bring it down if you need to, right?

There can be a few problems with that. If you price high and then slowly start bringing it down…and down…and down…buyers are going to notice. It makes your home start to seem like it’s in a bargain bin. You want your home to appear like a deal, not cheapened goods. When it sits on the market for an extended  period of time because of overpricing, buyers are going to wonder why. Would you feel urgency as a buyer if you read that a property was listed 180 days ago? Probably not.

To set a realistic price, consider these tips:

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