[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1lc7uu01yul1w":3,"$f2emv3tus0uf1":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},3926,"why-its-critical-to-price-your-house-right","Why It’s Critical To Price Your House Right","When you make a move, you want to sell your house for the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F10\u002Fwant-top-dollar-for-your-house-nows-the-time-to-list-it\u002F\">highest price\u003C\u002Fa> possible. That might be why many homeowners are eager to list in today’s \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F24\u002Fthe-1-reason-to-sell-your-house-today\u002F\">sellers’ market\u003C\u002Fa>. After all, with record-low \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F23\u002Fhow-supply-and-demand-can-impact-your-buying-and-selling-goals\u002F\">inventory\u003C\u002Fa> and high \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F18\u002Fwhats-driving-todays-high-buyer-demand-infographic\u002F\">buyer demand\u003C\u002Fa>, many homes are selling for more than asking price. Data from the \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2022-01-realtors-confidence-index-02-18-2022.pdf\">\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fa> (NAR) shows \u003Cstrong>46% of homes are selling above list price today\u003C\u002Fstrong>.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F04133254\u002F20220307-KCM-Share.jpg","When you make a move, you want to sell your house for the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F10\u002Fwant-top-dollar-for-your-house-nows-the-time-to-list-it\u002F\">highest price\u003C\u002Fa> possible. That might be why many homeowners are eager to list in today’s \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F24\u002Fthe-1-reason-to-sell-your-house-today\u002F\">sellers’ market\u003C\u002Fa>. After all, with record-low \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F23\u002Fhow-supply-and-demand-can-impact-your-buying-and-selling-goals\u002F\">inventory\u003C\u002Fa> and high \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F18\u002Fwhats-driving-todays-high-buyer-demand-infographic\u002F\">buyer demand\u003C\u002Fa>, many homes are selling for more than asking price. Data from the \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2022-01-realtors-confidence-index-02-18-2022.pdf\">\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fa> (NAR) shows \u003Cstrong>46% of homes are selling above list price today\u003C\u002Fstrong>.\u003C!--more-->\r\n\r\nBut even in a market like we have now, working with an agent to set the right asking price is critical, as pricing it too high or too low could have a negative impact on your final sale. Here’s why.\r\n\u003Ch4>\u003Cstrong>Pricing Your House Right Is Crucial Even in a Sellers’ Market\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThe price you set for your house sends a message to potential buyers. Price it too low and you might raise questions about your home’s condition or lead buyers to assume something is wrong with the property. Not to mention, you could leave money on the table, which decreases your future buying power if you undervalue your house.\r\n\r\nOn the other hand, price it too high and you run the risk of deterring buyers. When that happens, you may have to do a price drop to try to re-ignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag for some buyers who will wonder why the price was reduced and what that means about the home.\r\n\r\nIn other words, think of pricing your home as a target. \u003Cstrong>Your goal is to aim directly for the center – not too high, not too low, but right at market value\u003Cem>.\u003C\u002Fem>\u003C\u002Fstrong> Pricing your house fairly based on market conditions increases the chance you’ll have more buyers who are interested in purchasing it. That makes it more likely you’ll see a bidding war, too. And when a bidding war happens, you’ll likely get an even higher final sale price. Plus, when homes are priced right, they tend to sell quickly.\r\n\r\nTo get a look into the potential downsides of over or underpricing your house and the perks that come with pricing it at market value, see the chart below:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F04132714\u002F20220307-MEM-Eng.png\">\u003Cimg class=\"aligncenter wp-image-46119\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F04132714\u002F20220307-MEM-Eng.png\" alt=\"Why It’s Critical To Price Your House Right | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Lean on a Professional’s Expertise To Price Your House Right\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThere are \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fdetermining-asking-price\">several factors\u003C\u002Fa> that go into pricing your house and balancing them is the key. That’s why it’s important to lean on an expert real estate advisor when you’re ready to move. A local real estate advisor is knowledgeable about:\r\n\u003Cul>\r\n \t\u003Cli>The value of homes in your neighborhood\u003C\u002Fli>\r\n \t\u003Cli>The current demand for houses in today’s market\u003C\u002Fli>\r\n \t\u003Cli>The condition of your house and how it affects the value\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nA real estate professional will balance these factors to make sure the price of your house makes the best first impression and gives you the greatest return on your investment in the end.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nEven in a sellers’ market, pricing your house right is critical. Don’t rely on guesswork. Let’s connect to make sure your house is perfectly priced.","\r\nEven in a sellers’ market, pricing your house right is critical. Don’t rely on guesswork. Let’s connect to make sure your house is perfectly priced.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F04132714\u002F20220307-MEM-Eng.png",false,[17,21],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},9,"Home Prices","home-prices","2022-03-07T11:00:12Z","2022-11-16T17:17:52Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},3925,"supply-and-demand-in-todays-market-infographic","Supply and Demand in Today’s Market [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F03164833\u002F20220304-KCM-Share.png","2022-03-04T11:00:26Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},3927,"how-global-uncertainty-is-impacting-mortgage-rates","How Global Uncertainty Is Impacting Mortgage Rates","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F07135127\u002F20220308-KCM-Share.jpg","2022-03-08T11:00:52Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[44,48,52,53,57,61,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":49,"name":50,"slug":51},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":22,"name":23,"slug":24},{"id":63,"name":64,"slug":65},11,"First-Time Buyers","first-time-buyers",{"id":67,"name":68,"slug":69},34,"Senior Market","senior-market",{"id":71,"name":72,"slug":73},35,"Mortgage Rates","mortgage-rates",{"id":75,"name":76,"slug":77},38,"Move-Up","move-up",{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]