Be the Solution with Maria Quattrone
Maria Quattrone, a leader in real estate with over 21 years of experience, is the driving force behind RE/MAX @ HOME - Maria Quattrone & Associates in Philadelphia. Her passion goes beyond selling homes; she’s dedicated to helping others succeed. Through her 'Rise in Real Estate' training program and the "Be the Solution" podcast, Maria shares her expertise, inspiring professionals and entrepreneurs to excel. With over 3,400 properties sold, Maria's success is evident, but her true mission is to empower others, build strong brands, and foster meaningful connections.
Be the Solution with Maria Quattrone
230. Why Overpricing Your Home is a Bad Idea Every Time
In this episode, we dive into the common mistake of overpricing a home and why it almost never works in the seller’s favor. We explore the reasons behind this, from missed showings to reduced offers, and explain how pricing a home just under market value can lead to more buyers and better terms.
Key Takeaways:
Overpricing = Fewer Showings: An overpriced home will often get fewer showings, as buyers tend to avoid homes they perceive as overpriced.
Longer Days on Market: The longer a home sits on the market without offers, the more buyers wonder what's wrong with it.
Underpricing Creates Competition: Pricing a home just under market value often leads to more showings, multiple offers, and higher net profit for the seller.
Quotes:
"The market speaks, and if your home isn’t getting showings in the first few weeks, it’s a clear sign the price is too high."
"Every time a home is overpriced, it ends up costing the seller more in the long run."
Connect with Maria Quattrone:
Facebook: Maria Quattrone
Facebook Page: REMAX at Home Facebook
Facebook Page: Rise in Real Estate Facebook
LinkedIn: Maria Quattrone
YouTube: Maria Quattrone
Instagram: @maria_quattrone
TikTok: mariaquattronerealestate
Website: MQrealesate.com
Office number: 215- 607-3535