Strategically Pricing Your Home to Sell
To determine the best price, first look at which way the market is trending. Review the comps for homes that are similar to yours, square feet, bedrooms, baths, lot size, amenities, and condition.
The strategy of overpricing a home when you list, with the idea you can reduce the price later, seldom works. Even in a market with low inventory, you still must price according to what the market will bear and what the home will appraise for. If you do overprice here are the possible outcomes:
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