POV: Your neighbor sold their house in one day.
How did they do it?
Chances are, the home was strategically priced and followed one of these approaches:
1) Aspirational Pricing
This pricing strategy aims high; this works best for unique or high-demand homes. It's all about creating an exclusive vibe, but with this pricing, be aware that it might take a while to find the perfect buyer willing to meet your price.
2) Sweet Spot Pricing
The Goldilocks approach — in this case, the price is just right based on market conditions and what similar homes in your area are selling for. It's the sweet spot for attracting a wide array of buyers and ensuring a fair, stable sale.
3) Below-Market Pricing
Need to sell quickly? Pricing your property under the market can speed things up by drawing in lots of interest and possibly multiple offers. (This might be the approach your neighbor went with!)
POV: Your Neighbor Sold Their Home in One Day
- By Lisa Bassett
- Posted
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