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Choosing the Right Price When Selling a Home - EP210 - Homeownership
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In this episode we discuss that pricing a home too high can lead to a lack of interest. This then leads to the need for price breaks which can appear to the buyers as weakness and lead to low ball offers. A properly priced home will attract a lot of buyers in any market. The more buyers who are interested the better chance it is we receive multiple offers and a higher sales price. Setting a price too low is risky but slightly less risky than too high which detracts buyers. Most of the time it is hard to sell a home for too little due to the increased excitement of buyers and the possibility of a bidding WAR!
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