One of the biggest mistakes you can make right now is overpricing your house. But unfortunately, some sellers are doing just that. This graph illustrates the disparity between the prices at which homes are being listed and the actual selling prices. Notice anything? The gap is widening. That’s happening because the market is no longer as competitive as it used to be. Buyers now have more choices, so they’re taking their time and being more selective. As a result, some sellers are having to lower their prices or make other adjustments to attract serious buyers. But here’s the good news. Homes that are priced right can still sell fast. And you’ve likely built up so much equity over the past few years, you’ll still be in an excellent spot profit-wise, even if you price it a few thousand lower than you initially thought. You need an agent’s help to find that pricing sweet spot. Let’s work together to set a competitive price that aligns with today’s market.
