One of the biggest mistakes homeowners make when selling is pricing their home too high.

Many sellers still expect the extreme bidding wars seen in previous years, but today’s market requires a more strategic approach. Searches for “can’t sell house” have surged nationwide as homes take longer to sell.

The best pricing strategy includes:

• Reviewing comparable sales
• Understanding local inventory
• Evaluating current buyer demand
• Considering condition and upgrades

A correctly priced home generates:

• More showings
• Stronger offers
• Faster sales
• Better negotiation leverage