In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to last year. However, if you’ve ever watched you know that the best way to win is to correctly guess the price of the item you want… without going over (that’s the exciting part!). This means your guess must be just slightly under the retail price.
You’ll have to use the same strategy when pricing your home: Pricing your home at, or slightly below, the market value actually increases the number of buyers who will see your home in their search!
Sellers who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality
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REALTOR®, BOLD, EcoBroker, CNE, CHRE, ILHM, KW Luxury
Professional Denver Real Estate for the Urban at Heart