06/06/2026
Want to know the fastest way to lose money on a home sale?
Price it too high.
It sounds backwards. Most homeowners think starting high is the safe move — “we can always come down later.”
Here’s what actually happens in Peoria right now: an overpriced home gets the fewest showings in the first two weeks, which are the most important two weeks your listing will ever have. Buyers are scrolling, they’re informed, and they know the comps.
When your price feels off, they don’t circle back. They just keep scrolling.
Then the price drops start. And buyers smell blood — “what’s wrong with it?” The home that started too high almost always ends up selling for less than if it had been priced right from day one.
The sweet spot isn’t the highest number. It’s the number that gets your phone ringing in week one.
Curious what that number is for your home in today’s market? Send us a message — we’ll run the real local comps, no pressure.
📞 309-282-1000 | adammerrick.com