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Why Pricing It Right the First Time Beats Chasing the Market Down

Get it Right the First Time

Article by Gil and Tammy Figueroa

Photography by QC Lifestyle Magazine

Why Pricing It Right the First Time Beats Chasing the Market Down

I have watched this play out more times than I can count in thirty-six years: a seller starts high "to leave room to negotiate," and six weeks later they are chasing a market that has already moved past them.

Here is what I know. The first two weeks a home is on the market are the most valuable two weeks it will ever have.

The Window Buyers Actually See

When a home hits the market, it goes out to every buyer, every agent, and every alert system watching that price range. That is the moment of maximum attention. Buyers compare it against everything else available. Agents decide whether to bring their clients through. First impressions get made fast, and they are hard to undo.

Price it right, and that attention turns into showings, and showings turn into offers. Price it high, and that same attention turns into a home buyers scroll past. By the time a price reduction shows up, the algorithm has already moved on, and so have the buyers who were paying closest attention.

What "Chasing the Market Down" Actually Costs

A home that starts too high does not just sit longer. It tells a story. Every week without an offer, buyers start asking what is wrong with it. Was there an inspection issue? Is the seller unrealistic? Is there something they are not seeing in the photos? None of that has to be true. The market draws its own conclusions anyway.

Then the price comes down, but the buyers who would have been excited at that number two months ago have already bought something else. What is left are buyers negotiating from a position of leverage, because now they know the seller has already blinked once.

I have seen homes lose more in the "wait and see" strategy than they ever would have gained by pricing accurately from day one.

Here Is What I Recommend Instead

Price at what the data supports, not at what would feel good to hear. Market it aggressively in that first critical window. Let the response from real buyers confirm the number, rather than hoping a high number confirms itself.

This is not about underpricing a home. It is about pricing it where serious buyers will actually engage with it, so the market can do what it does best: create competition around a home that is positioned correctly.

For Sellers in Encanterra and Queen Creek Specifically

Inside a community like Encanterra, this matters even more. Buyers looking here are not comparing your home to every listing in the Valley. They are comparing it to a handful of homes inside the gates, in the same price range, at the same time. That is a small, sharp comparison set. A home priced even slightly off the mark stands out immediately, in the wrong way.

That also means a well-priced home stands out immediately, in the right way.

The Next Step

If you are thinking about listing, do not guess at your number and hope. Gil and I will walk your home, look at what is actually moving right now, and give you a number backed by real data, not a number designed to make you feel better in the moment.

Our reputation is built on getting this right for our clients. Let's talk about what your home is worth today.

— Tammy and Gil

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