Selling your home is one of the most important financial decisions you’ll ever make. But there’s one mistake I see sellers make over and over again—overpricing their home.
Here’s the thing: while it’s natural to want top dollar, pricing too high can cause your home to sit on the market for weeks, or even months. Buyers may assume something is wrong with your property or move on to a more competitively priced option.
Why does overpricing happen?
Emotional attachment: Sellers sometimes see the memories in their home rather than its current market value.
Misjudging the market: Without the right data, it’s easy to set a price too high.
Following bad advice: Not all advice—especially from online tools or non-professionals—is accurate.
How to avoid this mistake:
Partner with a knowledgeable real estate agent (like me!) who can perform a Comparative Market Analysis (CMA) to determine your home’s true market value.
Trust the data—it’s better to price correctly upfront than chase the market with price reductions.
If you’re planning to sell and want expert guidance, I’d love to help. Let’s work together to price your home right and get it sold quickly!