3 Common Misconceptions About Home Pricing

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As you may know, market prices are rising for single family homes in the Atlanta area. Many sellers talk to multiple Realtors and get just as many promises for the amount of money they can get you for your home.

The problem is that some real estate agents will promise you a higher price than the market actually indicates.

There are three reasons an agent might do this:

1. They don't know the market: It is important to know that many real estate agents sell only 2 or 3 homes a year. This lack of market experience makes them less knowledgeable about realistic pricing. 
2. They are afraid of offending you: Some agents want to try to satisfy your expectations rather than be realistic about pricing potential. Remember, the point of selling real estate is to get the highest price possible, which is not always as high as the seller wishes.
3. They have a selling model that allows them to price property erratically: Agents will sometimes set a price too low in an effort to lure buyers and sell them something else. Your home may just be used as bait to bring business to the agency.

We have the experience and expertise to help you price your home accurately. If you have any doubts about the price of your home, we would be happy to get an appraisal for you.

If you need help navigating the Atlanta real estate market and avoiding potentially misleading pricing information, email us at Melida@PottsRealtyInc.com or call us at (770) 396-6100.