How to Price a Home in a Seller's Market
How to price a home in a seller's market may be a question that's top of mind if you're listing your home. Much of the United States right now is a seller's market—which spells potential for major profits. Some sellers may see this as an opportunity to set the bar high—maybe too high—when it comes to their list price. Others may decide on a lower asking price, in hopes of generating a bidding war.
So which pricing strategy works best in a seller's market? Every approach has its pros and cons, so here’s how to determine the best one for you.