Join Today  |  Login

The Experience Brings You Home

Competitive Pricing

How Does Price Affect Buyers?

  • Well-priced properties generate immediate enthusiasm among buyers and agents love showing competitively priced homes.
  • Homes priced above market value have less buyer interest.
  • Bargaining room is not as powerful in negotiating as bringing in a larger number of truly motivated buyers.
  • When you price your home below market value, you increase the pool of interested buyers.

Properties will generally sell for less than market value if they linger on the market. Buyers who see properties that do not sell quickly will assume the property is either overpriced or has problems.




DANGER...Watch Out When Overpricing

Unfortunate results are often followed when a home is priced too high for the market:

  • Best offers are usually made within the first weeks of the initial listing, overpricing a home will cause it to quickly lose momentum.
  • The home will attract "lookers" rather than serious home buyers. Showings will be few and far between.
  • Comparable properties will take priority with buyers ~ they will look more attractive & sell quicker! Buyers will think the seller is not motivated.
  • Home appraisal may not come in at higher price and leave the buyer unable to finance the home
Loading Property Compare


Mobile Search

Use any internet enabled phone to search every home for sale in our area! More

Featured Property

511 E Main St, Centerville, SD 57014


Centerville, SD

Listings at a Glance

All content TM & © 2020, AMERI/STAR Real Estate, Inc
5900 South Western Avenue Suite 200
Sioux Falls, SD 57108
605-336-3600    Licensed in South Dakota
Agents Only
Built and powered by Constellation Web Solutions