The Importance of Pricing Correctly in Today’s Market

Idaho Falls Real Estate Video Blog with Shawn Anderson

Pricing your home correctly is essential, and today we’ll explain why.

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With between one and three months’ worth of inventory available in our market right now, buyer demand is high. Some sellers assume this gives them the license to price their homes however they want, but this isn’t the case. To sell quickly and for top dollar, strategic pricing is key.

Even in a low-inventory market, overpricing your home is a surefire way to deter buyers. And, usually, by the time you realize this is happening and decide to lower the price, buyers will have moved on. The longer a home sits on the market, the less likely it is to attract the interest of buyers.

Ultimately, it’s the market, not your preference, that dictates the price of your home. You’ll need to work closely with an agent if you want to maximize your profit when selling, as they’ll have the necessary tools and resources to choose a price that reflects what buyers are willing to pay for a home like yours.

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It’s the market, not your preference,
that dictates the price of your home.

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When you work with the Anderson Hicks Group, specifically, you can trust that our professional marketing strategies will help boost the amount you can earn for your property even beyond what it would ordinarily bring in. It’s all part of what we do as your trusted real estate resource.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.