Pricing your property competitively from the start will generate the most activity among brokers and buyers.
- A property generates the most interest within the real estate community when it first goes on the market.
- The number of showings is greatest during this time – if the property is priced at realistic market value.
- Starting too high and dropping the price later misses the excitement and generates less activity.
- It may even become necessary to drop the price below market value to compete with new, well-priced listings.