08/03/2026
Most sellers think pricing high gives them room to negotiate.
It gives buyers a reason to move on instead.
NAR's own senior economist says homes priced just 3% to 5% above market face longer days on market and deeper eventual price cuts. Homes that sit 18 weeks sell for less than if they'd been priced correctly from day one.
I wrote about it this week, including why Gulf Coast pricing is more nuanced than most sellers realize, and what the first four weeks of a listing always reveal.
Most Gulf Coast sellers think pricing high gives them room to negotiate. The data says otherwise. Here's what overpricing actually costs, and why the first four weeks of a listing determine everything.