Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 Fortunately, if you’re a […]
Home Seller’s Checklist: A Timeline to Prep Your Home for Sale
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes and ears […]
Hedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in […]
8 Popular Home Design Features in 2022
There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can […]
A Return to ‘Normal’? The State of Real Estate in 2022
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the […]
20 Unique Home Gifts for Everyone on Your List
Every year, it seems the holidays sneak up on us—and every year, that brings with it the dreaded last-minute gift panic. Finding a present that hits all the right notes can be surprisingly stressful, even when it comes to people you’ve known for years. But have no fear! We’ve lined up a list of unique […]
5 Top Holiday Real Estate Tips Roundup
The holidays are here and like most, you probably have way too much to do before Christmas and New Year’s Eve. So here we present 5 articles to help you through the holidays. Click on the images below to read the full articles. 6 Irresistible Instagram-Inspired Holiday Decor Looks That Will Make You Want To […]
![One Thing Every Seller Knew About Pricing in Today's Market 🏠
Nationally, the market has been shifting, and there's one thing sellers need to keep in mind:
Overpricing doesn't just delay your sale—it can actually cost you money. When a home sits on the market too long, buyers start wondering "what's wrong with it?" This creates a stigma that often leads to accepting offers below what you could have gotten with strategic pricing from day one.
The sweet spot? Pricing competitively doesn't mean pricing low. It means understanding your local market data, recent comparable sales, and positioning your home to generate the right kind of buyer interest early on.
The bottom line: In today's market, the first 2-3 weeks are crucial. Price strategically, market effectively, and let buyer competition work in your favor rather than against it.
Thinking of selling? Call/text/email us at [insert phone number] for honest pricing feedback based on your specific situation and neighborhood trends.
#RealEstate #HomeSelling #PricingStrategy #MarketUpdate #RealEstateAgent #SellerTips #LocalRealEstate #PropertyValue #RealEstateTips #HomeValue
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com](https://guthriegrouphomes.com/wp-content/plugins/instagram-feed/img/placeholder.png)
