Your Home May Not Be Worth What You Think, and That's OK

Attention all sellers: your home may not be worth what you think it is, and your listing price matters now more than ever.

List too high and you’ll hear crickets

When a home is overpriced, buyers simply don’t show up. No showings, no offers, and eventually price cuts. In a shifting market, that can cost you a lot.

Price it right and buyers show up

Kevin Murphy recently listed a home with a carefully researched list price. In just two days, it had 17 showings.

The seller had been hoping her late grandmother’s house was worth $1 million. Kevin had to dial things back to reality with an honest, data-based list price. By trusting that suggested price, she had buyers lining up right away.

Why it works

• More buyers can afford it, so more see it in their searches
• It looks like good value next to the competition
• Showings lead to offers, and multiple interested buyers can lead to competition

Emotions are normal

Selling a family home, especially one with history and memories, is emotional. It’s natural to hope for a big number. A good REALTOR® helps you separate the emotional value from the market value, so you get the best possible result.

Want an honest number?

Call Kevin at 289-768-8382 or get your home value.