Sellers who chase the market down almost always net less than sellers who price sharply from day one. The data is embarrassingly consistent.
The first 10 days on market are your peak buyer attention. Everyone with a saved search sees you; showings pile up; multiple offers are possible. If you list 5–8% over comps, most of those buyers scroll past and you never get them back.
The industry-average price cut is $18K, and homes that reduce sell for 3–4% less than they would have with the correct list price. That’s real money — often more than you were ‘saving’ by aiming high.
A proper CMA takes me a couple of hours. Request one and we’ll walk through the number together — no obligation to list.