Don’t Let Unrealistic Pricing Cost You Your Move

These days, getting your price just right when selling your home is more important than ever. While it might be tempting to list high “just to see what happens,” that can actually backfire — and cost you valuable time (and your next move).

🚫 The Risk of Overpricing

Many homeowners remember what their neighbor’s house sold for a few years ago, but that was a different market.
Today, there are more homes for sale, and buyers have more options. They don’t need to bid over asking anymore — if your price feels too high, they’ll simply move on.

As Bright MLS Chief Economist Lisa Sturtevant says:

“Buyers will have more leverage in many markets. Sellers will need to adjust price expectations to reflect the transitioning market.”

🏡 The Good News

Even with a small price adjustment, most sellers are still in a great spot. Home values have risen by about 54% in the last 5 years — so even if you don’t hit that “sky-high” number, you’ll likely still profit.

⏳ When a Home Sits Too Long

Overpricing often leads to fewer showings and no offers. The longer your home sits, the more buyers wonder if something’s wrong. Many sellers end up cutting their price later — or even pulling their listing off the market altogether.

Recent data shows the #1 reason homes are being delisted is because sellers held onto unrealistic price expectations.

🌟 The Smart Move

If you need to move for a job, family, or more space — don’t let pricing hold you back. Work with a local real estate expert who knows your market and can help you price your home right the first time.

With the right strategy, homes are still selling fast — and often getting multiple offers!

🍂 Bottom Line:

Pricing your home correctly this fall isn’t just about getting it sold — it’s about keeping your move on track.
Let’s chat about what buyers are paying right now in your area and how to price your home to make your next move happen.

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.

Jeremy Kilbourne

Jeremy is Arch Mortgage North’s Lead Loan Officer. Bringing experience, compassion and creativity to the mortgage lending process, Jeremy loves helping clients achieve their home ownership goals.

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