Jay QuigleyReal Estate Broker Associate, Florida Executive Realty · Tampa Bay REALTOR® & Real Estate Instructor | Helping Buyers, Sellers, Seniors, Military Relocation, Divorce and Probate Clients Make Confident Moves | Believer | Husband

Price Your Home Right From the Start

3 Jun 2026 · 1 min

Watch on YouTube

0:53

In this short video, the speaker warns sellers about a common pricing trap: listing a home above market value. Overpriced homes tend to linger on the market, and the longer they sit, the larger the eventual price reductions needed to attract buyers. The speaker cites an example where a $400,000 home may require a $55,000 cut after 120 days without offers. To avoid losing thousands, the speaker stresses the importance of setting the correct price from day one, noting that the appropriate price depends on local market conditions. He offers to provide a market‑specific valuation and invites viewers to connect for personalized guidance.

Chapters

If you're selling soon, there's a pricing trap you should know about. A lot of sellers price high just to see what happens, but in this market, that could cost you thousands because overpriced homes don't sell right away. They sit, and the longer a house lingers on the market without offers, the less it typically sells for and the bigger the price cuts usually have to be to draw buyers in. In fact, a house listed at $400,000 could need a more than $55,000 price cut if it sits for 120 days or longer. So to sell your house quickly and for as much as possible, it's important to set the price right from day one. But the right price varies depending on the market, and that's where I come in. Let's connect and I'll walk you through what your house should go for based on what I'm seeing work in our area.