With rare exception, most home sellers hope to sell their property for the most money possible. That’s a perfectly reasonable approach. Yet if you overprice your property in an attempt to maximize your return, you’re likely to sabotage your home selling efforts, have your property on the market longer and even receive less at the closing table.
You might wonder why this is the case. Others may ask “How is this a problem? I can always come down in price later…besides, I can only sell this home once and don’t want to leave any money on the table.” While seemingly counter-intuitive, your best chance to sell faster and for the highest price typically means pricing close to the market, not significantly above it. Curious? Find out more…in this insightful Oregon real estate podcast!