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Selling Your Home? Make Sure the Price is Right!
January 29, 2019

If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.

In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.

They will have to employ the same strategy: be the closest without going over!

As we have explained before, pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!

Over the last six months, more inventory has come to market while the months’ supply of inventory available has dropped. This means that the demand for homes to buy is still very strong throughout the country!

Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality nothing was wrong, the price was just too high!

Bottom Line

If you are thinking about listing your home for sale this year, let’s get together to properly price your home from the start!

The Rose Group, with Keller Williams Realty, is comprised of licensed Realtors and a dynamic support staff. They focus on providing trusted, expert representation to buyers and sellers in Real Estate transactions throughout Silicon Valley since 2004.
DRE #01526679
DRE #01422955
CONTACT US
16780 Lark Ave,
Los Gatos, CA 95032
All Offices are all independently owned and operated.
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