Pricing homes for sale in Dr Phillips and surrounding areas at different levels matters. This will either deter or attract buyers. Seasoned buyers generally do not want to play games and purely want to make a transaction. There are sellers that list homes that goes over the weekend and make a decision on Monday or Tuesday intentionally. Yes this makes sense based on a seller occupied home in a hot seller's market. They generally don't want too many people walking through home. This is more vulnerable to items missing in home if not stowed away in a safe place. Obviously a vacant home causes no issues. Pricing your home right from day one is the key based on features and benefits of home. In the month of April 2022 the average median days on market was 30 days and 88% sold in less than one month as per survey according to National Association of Realtors.
An underpriced home gives indication of a bidding war to attract all sorts of buyers and can cause a lot of confusion to the seller if the realtor is not seasoned. Mind you lot's of traffic and unnecessary traffic and taking a risky chance with buyer's emotions possibly flaring. This has the ability to decrease future buying power, undervaluing home and buyers can assume there are issues with home.
Listing at market value gives you a better chance overall and can bring reasonable minded buyers. at this price you are more likely to get an offer at or above listing price and can be able to sell quickly.
You are setting yourself up to come back and ask seller to reduce price that can raise red flags and sit on the market that much longer. This does not look good in the eyes of buyers searching and monitoring homes for sale. Nevertheless deter buyers away because they see the mindset of the seller and do not want to deal with such a transaction. Trust your local home advisor Kevin Strawter at 850 496-6412 to steer you in the right direction.