This is a common question, and the answer may surprise you!
Pricing a home is a science more than an art, which is why it’s important to work with an agent who knows how to use the market data to list your home at the perfect price point. Pricing is key to attracting the right potential buyers, especially in the age of price filters and real estate apps.
In most situations, you should price your home right around market value and in the same general price range as comparable properties in your area.
If you price your home too high with the plan to come down during negotiations, you could miss out on a huge portion of potential buyers. Overpricing homes typically leads to a longer list time on the market, which turns into a big red flag for potential buyers.
