Our clients are selling for more by pricing their properties low.
Did you know that underpricing your home in this real estate market can actually net you more money? Given that mortgage rates are extremely competitive and attracting more and more buyers, limited housing inventory has caused a spike in both demand and pricing. This is bad news for buyers but great news for sellers.
If you’re about to put your home up for sale, you may be tempted to aim for as high a price as possible. However, have you considered the tactic of underpricing your home? It might sound ridiculous, but hear me out.
“Rates won’t stay this low for long.”
A large number of homes end up in bidding wars these days. When you underprice, you attract buyers, multiple offers, and bidding wars. A home that’s priced at $500,000 might receive bids of $515,000, $525,000, or even $535,000. The result? A much higher sale price.
Chances are that interest rates won’t stay this low for long. That’s why taking action today is crucial if you’re looking to buy or refinance your mortgage.
If you want to learn more about how our team uses underpricing to sell for top dollar, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.
