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How can you tell if your home is priced correctly or if you need to lower it further? Even with great photos and marketing strategies, buyers prioritize the price above all else. If your home is priced above market value, it’s likely being overlooked.
To generate interest, sellers must adjust their expectations and strategically lower their prices. Finding the “sweet spot” is crucial as homes priced between $650,000 and $1 million should aim for at least two to three showings per week. If showings are scarce, it’s a clear indicator that a price reduction is necessary.
Discover how to listen to the market and make timely pricing decisions get your home sold. You can catch the full video above or skip ahead using the timestamps below:
0:00 — How to know if a price reduction is enough
0:22 — Market trends and challenges
1:16 — Market signal that you need to cut your price
2:02 — Effects of price reduction
2:13 — How price reductions work
2:45 — Market conditions and economic factors
3:12 — What kind of housing market are we in?
3:47 — Buyer behavior and inventory trends
5:06 — Pricing strategy and seller expectations
7:00 — Homebuyers have options
7:55 — How to know your sale price sweet spot
9:20 — Thank you for trusting us
9:42 — Current state of the market
10:40 — Key takeaways
11:12 — Let’s connect! Let me know how I can help
The market is constantly shifting, so you need expert guidance to stay ahead. If you have questions or need assistance to sell your home, you can reach out to me at (406) 552-4443 or jason@jasonbakerteam.com. I’m happy to help.
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