Home Sellers: "I Don't Want To Give My Home Away"

A fascinating dichotomy exists in today's St. George real estate market where some sellers face bidding wars while others can't get a showing. We explore the crucial strategy of pricing homes correctly to create buyer competition rather than endless price reductions.

• Current market data shows only an 18% chance of selling your home in the first month
• Almost every home will sell within two weeks of hitting the right price
• Strategic pricing creates buyer competition, like the $12 bottle of water at the Cosmopolitan
• Proper preparation includes staging, decluttering, and professional photography
• Inventory varies dramatically by price point: 2.8 months under $500K, 5.5 months from $500K-$1M, and 9.7 months over $1M
• Homes that sell without price reductions typically get 99-100% of asking price
• Most homeowners have 60% more equity than five years ago, far exceeding normal appreciation
• The best time to contact an agent is 30-120 days before listing to ensure proper preparation

If you're thinking about selling your home, reach out to us at The Larkin Group to discuss how to position your property for maximum success in today's market. We're happy to have a conversation about your specific situation whether you're planning to sell now or in the future.