In today's housing market, many sellers make a critical mistake: overpricing their houses. This standard error can lead to a home sitting on the market for a long time without any offers. When that happens, the homeowner may drop the asking price to re-ignite buyer interest. Data from realtor.com shows the number of homeowners realizing this mistake and doing a price reduction is climbing (see graph below):
If you're considering moving, here's what you need to know. The best way to avoid making a costly mistake is to work with a trusted real estate agent to find the right price. Here's a look at what's at stake if you don't.
Not Paying Attention to Current Market Conditions Understanding current market conditions is…
Nestled in the coveted Rancho Niguel Community, this home offers breathtaking views and a private gated courtyard entry. The fenced wrap-around yard features mature landscaping with no neighbors behind, ensuring privacy and tranquility. The light and bright open floor plan includes vaulted ceilings, formal living and dining rooms, and a family room with a cozy fireplace and serene views through a large picture window. Recent upgrades include brand new carpeting, fresh paint, a new pavers patio, vinyl windows and sliders, and a newer HVAC unit. The open concept kitchen features a nook with slider access to the rear grounds and stunning views. Upstairs, the primary bedroom suite boasts spectacular views, accompanied by three additional secondary
Nestled on a spacious and private lot with lush landscaping and century-old fruit trees, this impressive craftsman home offers a blend of charm and modern amenities. The main house boasts a bright and airy open floor plan, featuring a welcoming foyer, a generous living room, a dining area, and a versatile office space with a sliding door that leads to the rear patio and yard. The home also includes two well-sized bedrooms and two full bathrooms. Recent upgrades include exquisite hardwood floors, fresh paint, vinyl windows and doors, custom front and side entry doors, and updated lighting and ceiling fans. The modern kitchen shines with granite countertops, a Miele double oven, cooktop, and dishwasher, along with a convenient laundry
Nestled in the coveted Rancho Niguel Community, this home offers breathtaking views and a private gated courtyard entry. The fenced wrap-around yard features mature landscaping with no neighbors behind, ensuring privacy and tranquility. The light and bright open floor plan includes vaulted ceilings, formal living and dining rooms, and a family room with a cozy fireplace and serene views through a large picture window. Recent upgrades include brand new carpeting, fresh paint, a new pavers patio, vinyl windows and sliders, and a newer HVAC unit. The open concept kitchen features a nook with slider access to the rear grounds and stunning views. Upstairs, the primary bedroom suite boasts spectacular views, accompanied by three additional secondary
In today's housing market, many sellers make a critical mistake: overpricing their houses. This standard error can lead to a home sitting on the market for a long time without any offers. When that happens, the homeowner may drop the asking price to re-ignite buyer interest. 
If you're considering moving, here's what you need to know. The best way to avoid making a costly mistake is to work with a trusted real estate agent to find the right price. Here's a look at what's at stake if you don't.
