The Only Reason Your Home Isn’t Selling? It’s Overpriced.

No matter how beautiful your home is or how great the location may be, price is the ultimate deal-breaker. Here’s why overpricing kills sales:

💸 1. Buyers Shop by Budget

Buyers often search within a set price range. If your home is priced too high, it won’t even show up in their search filters.

📉 2. Overpriced Homes Sit Longer

The longer a home stays on the market, the more “stale” it appears. This signals to buyers that something must be wrong—even if it’s not.

🔍 3. It Helps Sell the Competition

An overpriced home often makes similarly priced homes look like better deals, driving traffic away from yours.

💔 4. Appraisals Can Ruin the Deal

Even if a buyer agrees to your price, a lender won’t approve a mortgage for more than the home’s appraised value.

✅ What to Do:

Consider adjusting the price sooner rather than later.

Get a professional comparative market analysis (CMA).

Listen to your agent’s feedback and buyer trends.