Why setting the right list price matters when selling your home

January 10, 2023

A Lake Mendota coaster sits on a coffee table in a home staged to sell in Madison, Wisconsin

Why is the list price of your home so important?

And more specifically, why is it so important to get it right?

When you list at market value, you will appeal to 95% of the Buyer pool for your home and receive maximum online exposure.

If you list your home at just 5% over market value, the property appeals to just 50% of buyers – that’s a 45% decrease!

At 15% over market value, only 15% of buyers are interested, and 20% over market value, just 5% of buyers are interested.

The less interest in your home means less showings, less competition and lower offers.

When you list your home at market value, you will receive the highest number of showings and will NET top dollar in the shortest amount of time.

Questions about selling your home in the Madison, WI area? We do market research and provide suggestions specific to your exact neighborhood. Send us a message to get started!

Learn more about selling your home in Madison here.

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We're Dominic and Ellie, founders of The 608 Team.

We met at a real estate training after being introduced by a mutual coworker (who's now one of our 608 team members!). In our love story are the roots of what is now Madison's most comprehensive real estate boutique.

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Need help in your home? Check out our exclusive 608 Team Preferred Vendor List! Hundreds of home vendors recommended for you, hand-picked by our team members.

preferred vendors list

exclusive

See our

see the list!

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