{"id":2662,"date":"2020-02-10T05:00:19","date_gmt":"2020-02-10T11:00:19","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/how-pricing-your-home-right-makes-a-big-difference\/"},"modified":"2020-02-10T05:00:19","modified_gmt":"2020-02-10T11:00:19","slug":"how-pricing-your-home-right-makes-a-big-difference","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/how-pricing-your-home-right-makes-a-big-difference\/","title":{"rendered":"How Pricing Your Home Right Makes a Big Difference"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/02\/07134332\/20200210-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"How Pricing Your Home Right Makes a Big Difference | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Even though there\u2019s a big buyer demand for homes in today\u2019s low <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/01\/29\/where-have-all-the-houses-disappeared-to\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">inventory<\/a> market, it doesn\u2019t mean you should price your home as high as the sky when you\u2019re ready to sell. Here\u2019s why making sure you price it right is key to driving the best price for the sale.<span id=\"more-41722\"><\/span><\/p>\n<p>If you\u2019ve ever watched\u00a0the show <em>\u201cThe Price Is Right,\u201d\u00a0<\/em>you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price.<\/p>\n<p>When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in their search process. Why? When potential buyers look at your listing and see a great price for a fantastic home, they\u2019re probably going to want to take a closer look. This means more buyers are going to be excited about your house and more apt to make an offer.<\/p>\n<p>When this happens, you\u2019re more likely to set up a scenario with multiple offers, potential bidding wars, and the ability to drive a higher final sale price. At the end of the day, even when inventory is tight, pricing it right \u2013 or <a href=\"https:\/\/www.simplifyingthemarket.com\/2019\/09\/23\/is-your-house-priced-to-sell-immediately\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">pricing it to sell immediately<\/a> \u2013 makes a big difference.<\/p>\n<p>Here\u2019s the other thing: homeowners who make the mistake of overpricing their homes will eventually have to lower the prices anyway after they sit on the market for an extended period of time. This leaves buyers wondering if the price drops were caused by something wrong with these homes when in reality,\u00a0<strong>nothing was wrong, the initial prices were just too high. <\/strong><\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re thinking about selling your home this year, let\u2019s get together so you have a <a href=\"https:\/\/www.simplifyingthemarket.com\/2019\/12\/27\/working-with-a-local-real-estate-professional-makes-all-the-difference-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">professional<\/a> on your side to help you properly price your home and maximize demand from the start.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though there\u2019s a big buyer demand for homes in today\u2019s low inventory market, it doesn\u2019t mean you should price your home as high as the sky when you\u2019re ready to sell. Here\u2019s why making sure you price it right is key to driving the best price for the sale. If you\u2019ve ever watched\u00a0the show [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2663,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2662","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Pricing Your Home Right Makes a Big Difference&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/how-pricing-your-home-right-makes-a-big-difference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Pricing Your Home Right Makes a Big Difference&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Even though there\u2019s a big buyer demand for homes in today\u2019s low inventory market, it doesn\u2019t mean you should price your home as high as the sky when you\u2019re ready to sell. Here\u2019s why making sure you price it right is key to driving the best price for the sale. 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