Thinking about buying a new home? You have a choice between a resale home or a new home from a home builder. Homebuyers today are facing a huge dilemma. There simply aren’t enough resale homes for sale.1 Nationwide, there were 1.27 million active listings in September 2021, down 13% from the previous year. According to […]
5 Reasons to Sell Your Home During the Holidays
A common myth in real estate is that homes don’t sell during winter or the holiday season. Well, I’m here to bust that myth! Yes, homes do sell during the holidays! Certainly fewer homes are sold in the “off-season”, which is one of the main reasons to put your home on the market during late […]
A Competitive Credit Score Saves Big When Actually Buying a Home
Your Credit Score is incredibly important when you plan to buy a house or refinance a home mortgage. Yet this is one of the most overlooked parts of a home buying plan. The challenge is to start well ahead of the actual purchase of a home so you can position yourself in the best possible […]
Shut Down Home Intruders With These 7 Safety Strategies
According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated $3 billion in combined property losses.1 Fortunately, there are some proven tactics you can use to decrease your likelihood of a home invasion. Most burglars won’t go to extreme lengths to enter a […]
Is the Housing Market Cooling? It Could Be Good News for Buyers!
The housing market in California has been red hot since last July (2020) with home sales for the first half of 2021 surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide median price-setting record a high of $811,170. However, statewide median price dipped from the record high in […]
9 Tips for Buying and Selling Your Home at the Same Time
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and […]
Where is the Real Estate Market Really Headed? 5 Factors That Reveal All
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]
![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
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