Seller Strategy - Pricing Ahead of the Market

Hey, home sellers, I want to talk to you about a strategy that seems to be working well in our current market.
In the past, when you considered selling, the old strategy when the market was on the up and up, was to look at previous sales and add $5,000-$20,000 to the list price. You did this because you knew you were likely to get.
In today’s market, I think that doing the opposite of that, will, and has been, making sellers more money.
It is what we call pricing ahead of the market. We refer to it as having the market chase you instead of you chasing the market. If you want to sell your home for more than it’s worth, my recommendation is to get with your real estate broker. Together, you will look at the previous comps. (Comps are homes that sold that are just like yours.) After doing so, I would encourage you to list $5,000 - $20,000 under.
I’ve seen this work. We just sold a house that was worth $450,000. We had listed the home for $400,000, and it ended up selling for $450,000. I truly believe the market will bring you what you are worth.
Try not to chase the market, let it chase you.
Enjoy your day.