Perils of Overpricing Your Home
Amy January 28th, 2007
Every time I sit at a dining room table with a potential client, the main topic of discussion is always pricing. As a Certified Residential Specialist, I have learned and employed about three methods of determining price on a regular basis. Being a specialist in the Hyde Park and surrounding areas, I have a strong pulse on the local market.
I have accurately priced so many local homes, that I have sold them in hours, days and weeks, versus other agents who look at months and years. It is not uncommon for one of my listings to sell in less than a week if I can work with my sellers to understand how the home needs to be priced. More than 6 times in the last year, my listings have sold the day they were put on the market, and I have been involved in many multiple offer situations, all pointing to fair market pricing of my listings.
