11/20/2025
What’s the real cost of “pricing high to see what happens”?🤔
It sounds harmless, but overpricing a listing is actually one of the most expensive mistakes a seller can make!
Here’s what really happens when a home hits the market too high:
🔥 You lose your strongest buyers right away. Most activity happens in the first 1–2 weeks. If the price is off, the right buyers won’t even see it in their search filters.
⏳ Days on Market start piling up. A home that sits starts to look like “something’s wrong,” even if nothing is. That perception alone drives offers down.
💸 You often end up selling for LESS! Overpriced homes typically go through reductions… which attract bargain hunters, not serious buyers. In many MLS markets, overpriced homes end up selling for 5–10% below true market value.
💡 Bottom line: “Testing the market” by pricing high doesn’t lead to a higher sale price… it usually leads to fewer showings, lower offers, and more time & money wasted. Pricing correctly from day one creates competition — and competition is what drives strong offers.
If you’re thinking about selling and want a data-backed pricing strategy, "Your Girl in Real Estate" is always here to help!🏡
☎️ Call or Text 24/7: 818-515-2464.
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