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 “The Price is Right,” 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: be the closest without going over! 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 nothing was wrong, the price was just too high! Ultimately, overpricing your home will lose you money in the end.

If you’re thinking about selling your home, give us a call! The price will always be right!




Conrad Smith
Your Real Estate Consultant
REALTOR®, BOLD, EcoBroker, CNE, CHRE, ILHM, KW Luxury 

Professional Denver Real Estate for the Urban at Heart