Ep. 18 - Sellers: Post-Listing Pricing Strategies
Ep. 18 – Sellers: Post-Listing Pricing Strategies
Summary
In this conversation, Ben Harang and Clint C. Galliano discuss the critical aspects of pricing strategies for real estate, particularly focusing on the importance of setting the right price when listing a property. They explore the dynamics of the current market, the tools available for pricing, and the impact of appraisals on property value. The discussion emphasizes the need for sellers to understand market conditions and avoid common pitfalls in pricing their homes.
Takeaways
· The closer the listing price is to the ultimate sales price, the faster it will sell.
· Overpricing a home can lead to it becoming stale on the market.
· Buyers often do not negotiate on properties they perceive as overpriced.
· Current market conditions, including interest rates, affect buyer behavior.
· Using outdated comparables can mislead pricing strategies.
· Appraisals reflect historical data, which may not align with current market trends.
· Sellers should avoid relying on online estimates like Zillow.
· Proper pricing can prevent sellers from missing out on potential buyers.
· A well-presented home priced correctly attracts more buyers.
· Understanding the market dynamics is crucial for successful selling.
Sound Bites
"Get it right the first time!"
"You're chasing the market!"
"Don't rely on Zillow!"
Chapters
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
Keywords
real estate, pricing strategies, market analysis, appraisals, selling homes, property value, buyer's market, home selling tips
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
