How do you know if you're pricing your home too high?

Your Atlanta home is amazing - so why isn't it selling?

9 times out of 10, it may be time to re-evaluate the price.

It’s not just about turning off potential buyers or scaring them away. Overpricing your home can also lead to a longer time on the market, which can be frustrating and costly.
— Sara Cowley, Decatur GA Realtor

Here’s the thing: overpricing your Atlanta area home can lead to a longer time on the market, and that's not what you want. I know it’s easy when you are preparing to list your home, and you think, “Why not just TRY for this higher price, and see what happens?” And I get why that is appealing. But the truth is, pricing your home just right can actually benefit you in the long term.

Here’s how:

- Attracting serious buyers (the kind of buyers you want!)

- Leading to faster offers (sometimes, multiple offers, which have the potential to drive up the price)

- Saving you from the headache of having your home sit on the market for months.

The Problem with Overpriced Homes

It's not just about turning off potential buyers or scaring them away. Overpricing your home can also lead to a longer time on the market, which can be frustrating and costly.

Worried Your Home is Overpriced?

One of the biggest red flags is a lack of interest or showings. If your home in Decatur, Georgia has been on the market for a while and you're not getting much traffic, it may be time to re-evaluate your price, pronto

Here’s another red flag…

Few Offers (or none!)

Likewise, if you're not seeing any offers or if offers are consistently lower than your asking price, it's a clear indication that you need to make an adjustment.

When you price your home strategically, you'll attract serious buyers who are ready to make moves.

This can lead to faster offers, sometimes MULTIPLE offers and a quicker closing process.

I'd love to know your take! Reach out here and let me know if you have run into this issue!



Previous
Previous

The ultimate guide to your first investment property in Atlanta

Next
Next

Can you sell your home without an agent? Take the quiz to find out.