Home Seller Question: Should I price my home higher to leave room for negotiations?

by Brian Huie on 5/7/2024

No, in our market this is not a recommended strategy.

In our market, early buyers often start looking at lower price points in hopes of keeping their home price lower. For these buyers it is common to slowly increase the price point they are considering, as they start to better understand what they can get for their money at different price points and as they come to understand what the competition amongst other buyers is like. Because the search apps that buyers use will filter out homes outside of their search criteria, including higher priced homes, these buyers won’t even see your home come onto the market.

Additionally, if a buyer does see your listing, but sees that it is priced higher than other comparable homes, they may elect to skip viewing your home altogether. This could mean missing the perfect buyer for your home!

Listing at the right price is very important in ensuring that your home sells quickly, for more money, and under a sales contract that is safe for you as the seller! Using expert knowledge, Brian will help you find the right listing price and strategy for your unique home. 

For more information on pricing your home, click here.