Omaha Real Estate: Selling Your Home? Make Sure the Price is Right!

Selling Your Home? Make Sure the Price is Right!

Selling Your Home? Make Sure the Price is Right! | MyKCM

If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.

In today’s shifting Omaha real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.

They will have to employ the same strategy: be the closest without going over!

As we have explained before, pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!

Over the last six months, more inventory has come to market while the months’ supply of inventory available has dropped. This means that the demand for homes to buy is still very strong throughout the country!

Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality nothing was wrong, the price was just too high!

Bottom Line

If you are thinking about listing your Omaha home for sale this year, let’s get together to properly price your home from the start!

 

Comments

Price is usually your go to problem if the house has been on the market too long.  We always try and do a CMA to show sellers what a good price is without offending them.  Great blog...thanks for sharing!

Posted by Norma J. Elkins, Realtor - Elkins Home Selling Team ( Elite Realty Group) about 1 month ago

Guessing games don't work in real estate but knowing the right agent to set the most realistic price is key to selling and the Trumm Team will get results.

Posted by Bob Ratliff, "Sold with Bob" (Robert Ratliff Realty) about 1 month ago

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