))
What Are the Pitfalls of Pricing Your Home Too High?
Manage episode 181486404 series 1338395
Content provided by Nate Martinez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nate Martinez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Overpricing your home can cause you a lot of headaches as a home seller.
Looking to buy a home? Search All Homes
Looking to sell a home? Get a FREE Home Value Report
If you’re a home seller, pricing your home too high can cause major pitfalls for your sale.
One of the biggest challenges you’ll come across if you do this is your home will spend a longer time on the market. In a hot market, homes usually sell in a matter of weeks, so if a house has been listed for a period of 30 to 60 days or longer, buyers will start to wonder what’s wrong with it. At that point, they’ll come in with an extremely low offer to offset your days on market.
Pricing your property properly is critical as a home seller.
Realtors will also use your overpriced home to justify the value of other listings in the community. The last thing you want for your home is for it to be the one that causes other homes in your neighborhood to sell quickly and for top dollar. This is why properly pricing your property is critical as a home seller.
If you have any questions about how to price your home or any other real estate topic, don’t hesitate to give me a call or shoot me an email. I’d be happy to help you.
15 episodes
Share
