Importance of the Right Price

Importance of the Right Price

Why The Right Price Is Important

  In a typical even buyer vs seller’s market

  • A Property generates the most interest when it first hits the market

  • The number of showings is greatest at this time if the home is priced at a realistic market value

  • Starting to high and dropping the price later CAN miss the excitement and COULD fail to generate strong activity

  • Many homes that start high end up selling below market value

In a seller’s market which our current market in Southwest OH, Northern KY, and Southeast IN are experiencing these principles still apply but can happen more rapidly or depending on strategy, in some cases, can work to an advantage. That said tread carefully. Right Price is from the start is always the safest bet.

Even Buyers VS Seller’s Market Graph

Strong Sellers Market Graph