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My Proven Pricing Strategy

By
Real Estate Agent with The Mode Real Estate Group DRE # 00935148

I’ve been selling homes for 35 years, and this strategy always works.
Alright, here’s the strategy.

First, I use market data to determine what your house is worth.
As a process, it’s a science and an art. And I’ll go ahead and tell you now, online estimators simply aren’t able to do that.
Once I determine the market value of your home (aka the ball park it should sell in), then I determine what price we should list at.
Yes, they are different.

Pricing your home right on the mark of what it’s worth can actually result in longer days on market and a lower sales price.
What?  Sounds counterintuitive right?
Instead of doing that, you want to price it JUST UNDER what it’s actually worth.
This will create more demand and…more offers.

When you receive more offers, an experienced real estate agent (me) can work on your behalf to create the elusive “bidding war” every seller desires.

If you’re looking to sell your home, let’s talk about how this strategy would translate to your home.
DM me or call me at 916.230.0371.
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Posted by

Lori Mode

Lori Mode, Keller Williams Realty - Elk Grove

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Lori Mode and Bruce Durham, Elk Grove agents

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About the author: The above Real Estate information was provided by Lori Mode.  Lori can be reached via email at Lori@ModeREGroup.com or by phone at 916-405-5737. Lori has helped people move in and out of Elk Grove and surrounding Sacramento areas for the last 37 years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lori, good for you to make it 35 years, I am at 27 years.  Great information in your blog. Happy Easter.

 

Mar 29, 2024 11:11 AM
Lori Mode

Will, 27 years is a long time!  Congrats!

Mar 30, 2024 07:03 AM
Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Hi, Lori. Your pricing approach is 100% correct. Thanks you for sharing and have a blessed weekend.

Mar 29, 2024 11:24 AM
Lori Mode

You too!

Mar 30, 2024 07:03 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You can be on the Market , but not in it ! Overpricing your home only adds DOM !!! …

Mar 29, 2024 06:08 PM
Lori Mode

Michael, yes it does!  

Mar 30, 2024 07:03 AM