If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.
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 could just last year.
They must employ the same game strategy: be the closest without going over!
Pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!
Homeowners 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!
If you are thinking about listing your home for sale this year, give me a call to ensure you have an experienced real estate professional on your side to help you properly price your home from the start!
Source: Keeping Current Matters
Crystal Coovert is a Florida-licensed Realtor® at Michael Saunders and Company in Punta Gorda, Florida. Crystal is a member of the Punta Gorda/Port Charlotte/North Port Realtors® Association, Florida Association of Realtors®, National Association of Realtors®, Womens Council of Realtors and is a Certified International Property Specialist (CIPS), a designation achieved by only a small percentage of Realtors® worldwide, as well as a Seniors Real Estate Specialist (SRES).
Crystal can be reached by phone or text at 941-322-7133 or by email at CrystalCoovert@MichaelSaunders.com.