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.