If I want to make top dollar on my primary residence home sale, how should I price it? Eg if I want $700k for it, should I price it at $700k or lower, and if so by how much?

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Please get an agent. They know your market the best. There are many strategies here but they’re the closest to what would work in your neighborhood, at what time of year, and based on the quality of the home.

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Under market and create a bidding war, worked at 3% rates could be different now

likehelpful

OP - “Top Dollar” 😂. Heard so much about this top dollar property that i really want to check out the property now 🤣

funnylike

Aren’t you the same person who asked if you should sell by owner or agent?

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OP - Serious answer. Get an agent. Such decisions cannot be crowd sourced. No one here knows your housing market, what pricing works vs not, what’s the buyer’s sentiment, etc. Only a local agent who knows the market will be able to guide you. GL.

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Depends on the local market, current supply, availability of a similar property, etc…

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Usually price it higher so you have negotiating room to come down

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This would work if OP is in a buyers market. This isn’t a great approach if they’re in a sellers market.

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Price it at $700k. Make the listing description “VIEWINGS CURRENTLY ON A 7 WEEK WAITLIST. SELLER MAKING DECISION EOW, PLEASE PROVIDE HIGHEST AND FINAL OFFER BY FRIDAY” this will drive everyone into a bidding war over a property nobody has even seen, you won’t have to deal with showings, and you’ll probably get closer to $900k.

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LOL

If you want, you can DM me details about your property and I can tell you the list price. I’m a Real estate Investor and do this all the time. I have two homes on the market, and 3 more going on the market in the next Two months. Happy to help. Oh and I hate realtors too 🤣

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What area are you in?

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