Overpricing Your Home? Here’s What It Could Cost You…

The Hidden Cost of Overpricing Your Home!

Setting the right price from day one is critical. Pricing a home incorrectly from the start can lead to costly consequences. Homes that linger on the market often face deeper price cuts—and even after a buyer signs a contract, the final sale price can still drop due to inspections and appraisals. The longer a property sits on the market, the steeper the price cuts tend to be. According to The National Association Research (NAR), on average, homes see an additional 2% price reduction between contract signing and closing.

📉 On average, sellers see an additional 2% price reduction from contract to closing.

If you are a Seller: Don’t leave money on the table!
Work with me or any  knowledgeable agent who understands your local market and can help you price your home right from the start. Let’s talk about how to position and price your property for a successful sale and avoid costly consequences. Some tips to help get you started.

Here is how I or your agent can help by taking proactive steps to help keep the home moving and avoid losses:

• Staging and presentation upgrades to boost buyer interest
• Enhanced marketing efforts including virtual tours and social media
• Pre-listing inspections to avoid surprises later
• Flexible negotiation tactics to close deals faster
• Strategic price adjustments based on market feedback to avoid your property staying further on the market