Is It Better To Price Your Portland Home High To Test The Waters?

Well. . . the answer might surprise you.

A lot of sellers believe that starting with a higher price to “test the waters” is the right strategy. Research shows that the most activity that you will get around a new listing is during the initial listing period. That is when the most people will see and pay attention to a new property for sale. If your price is too high, all that you are doing is helping to show what a great deal the property down the street is.

Properties that are priced right to start with sell for more money and in a shorter period of time than those that are “testing the waters”. The numbers speak for themselves.

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