The #1 Thing Sellers Need To Know About Their Asking Price

When you list your home, your goal is simple: sell quickly and get top dollar. But in today’s market, pricing too high could backfire – big time. Let’s break it down.

❗Price Cuts Are On the Rise

According to Realtor.com, price cuts hit their highest level for any February since 2019. Why? Because the market has shifted. There’s more inventory, and buyers have more choices – which means overpriced homes are sitting.

This isn’t the wild seller’s market of 2021 anymore. The days of buyers throwing in above-asking offers immediately? Mostly over.

🧠 Why Overpricing Hurts You

If your home is priced too high:

🚫 Buyers may skip it entirely – they assume it’s out of their range or not worth it.

⏳ It may sit longer, which can raise red flags.

💸 You could end up accepting a lower offer than if you’d priced right from the start.

Homes priced correctly often sell faster and closer to asking price – especially within the first 4 weeks. That’s when buyer interest is highest!

🧩 What a Great Agent Does:

A skilled real estate agent will:

Use real sales data, not guesswork

Understand local trends

Recommend a pricing strategy that draws attention – maybe even slightly under market to drive competition

🎯 Bottom Line:

Price your home right the first time.

Don’t chase the market down – let’s work together to get it right and get it SOLD.

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