Does pricing higher get me more money?
Pricing higher than the market supports usually costs a seller money rather than making more, since an overpriced listing sits longer, signals to buyers that something may be wrong, and often ends up selling below where accurate pricing would have landed after a price reduction. Buyers and their agents compare a new listing against recent comparable sales immediately, so an inflated price is usually recognized right away rather than tested and accepted. A price grounded in real comparable data typically draws stronger, faster offers. Joel Boss prices from actual recent closings rather than the highest number a seller might want to hear.
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