Overpricing sounds safe - “We can always come down later,” right?
Except every extra week on market makes buyers wonder what’s wrong.
When you launch high, you miss the crucial first-two-week momentum window. Your home becomes old news before its time, forcing price cuts and negotiation fatigue.
In Bloomfield, Troy, and Royal Oak markets, overpriced listings typically net less than those that hit the mark from day one.
Smart sellers price to entice, not to test.
Thinking about selling in Metro Detroit? Let’s talk - no pressure, just honest advice. - Logan Wert | DOBI Real Estate