unsold, who pays the price? (Spoiler: it’s you.) A good agent comes with data, strategy, and a plan—not just promises. Subjective Pricing Your house isn’t just a property; it’s a scrapbook of memories. But sentimentality doesn’t pay the bills. Buyers don’t care about your Thanksgiving dinners or that your kids took their first steps in the living room. Focus on objective pricing backed by facts.
Your memories? Priceless. Your house? Market value only.
First Day High-Price Blues Your home’s first 10 days on the market are like a debutante ball: you’ve got one chance to dazzle. Price too high, and buyers won’t even glance your way. By the time you lower the price, they’ve moved on. Overpricing is a lose-lose: your house lingers, and buyers assume there’s something wrong with it. Un-rushed High Pricing “I’m in no hurry; let’s test the market.” Famous last words. Serious buyers aren’t waiting for your “market experiment” to pan out. They’re looking for value now. Price your home competitively, yes even in a seller's market, to catch their attention before it’s too late. Price Dropping Overpricing with the intent to “drop later” is playing with fire. In a declining market, that strategy can backfire spectacularly. By the time you adjust, you’re chasing the market down and losing money. Set a fair price from the start and avoid this costly game of catch-up.
37
Powered by FlippingBook