New Orleans Home Selling Tip | Your First Price Should be Your Best Price

New Orleans Home Selling and Pricing

Whenever we meet with someone New Orleans home selling, there are many questions and concerns that need to be addressed.

The biggest one? Pricing.

Get it right and you’ll be walking away from the closing table in short order.

Get it wrong and you may be setting yourself up for a slow downward slide and that’s no fun for anyone involved.

New Orleans home selling tips

From REALTOR.com:

Research shows that overpricing your home and then dropping the price several times while it languishes on the market usually leads to selling it at a much lower price than what you originally should have asked for it. The longer a home stays on the market, the deeper the discount is likely to be off the original price.

Don’t test the market

Either you want to sell or you don’t. “Testing” the market just to see if anyone is interested in your home at a high price rarely works. If that’s your plan, use the Zillow Make Me Move option and be prepared for the crazy phone calls from the folks who want owner financing or lease to purchase deals.

If you really want to sell your New Orleans home, talk to your agent about proper pricing. There’s nothing wrong in this market with being aggressive with your list price. But when you’re extremely overpriced, you won’t even get showings, much less viable offers.

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