How to Know If Your Home Is Priced Too High 🏷️ 👀

First off — I love that you’re here.

If you’re reading posts like this, you’re already doing something most sellers never do: you’re getting curious before you get overwhelmed.

You’re taking a moment to understand the process before leaping into it — and that alone puts you in a stronger position than you think.

But even thoughtful sellers can fall into one of the easiest traps in real estate:

Buying the Listing

Some agents don’t price to win the market.
They price to win you.

The playbook usually looks like this:

  • Praise your upgrades

  • Smile at your Zestimate like it’s prophecy

  • Lean in with: “Honestly? I think it’s worth even more.”

And you walk away thinking: Finally. Someone who gets it.

But here’s the truth:

You just got flattered with your own equity.

Fast-forward:

Week 1: A couple clicks, maybe a showing.
Week 2: One lukewarm buyer… no follow-up.
Week 3: “Market’s shifting… time for a price drop.”

Welcome to the discount treadmill.
👉 Spoiler: that first cut probably won’t be the last.

 

ACTION STEP 🎬

The Quick Filter: Strategy or Sales Pitch?

This 2-minute math move is your quiet BS detector.

Step 1: Look up your address on Zillow.
Step 2: Scroll past the Zestimate.
Step 3: Find one nearby home that actually sold — similar size, vibe, condition.
A cousin works. We’re looking for close, not perfect.

Now run this:

Agent’s Suggested Price ÷ Sold Comp Price = Your Ratio

Example:
$500,000 suggested Ă· $450,000 comp = 1.11

 

Think of it as a gut-check:

  • The closer you are to 1.0, the closer you are to what the market just rewarded.

  • Anything around 1.05 only works if your home clearly earns that gap.

Here’s the part nobody says out loud:

If your ratio is over 1.05, you’re not priced for offers.
You’re priced for compliments.

And every extra day on market is a tax on your future net.

📌 Save this post so you can rerun the math the second your home hits the market.

Bottom Line

This post was written to help you avoid “buying the listing.”

But if you read this and realized you might already be there — that’s completely normal. It happens to good sellers all the time.

You don’t need to panic.
And you don’t have to figure it out alone.

If something feels off, talk with your agent. A good one will help you course-correct.

Want to go deeper?
Check out the book + workbook here: GET THE BOOKS — and keep an eye out for more seller tips coming soon.

And if someone you love is even thinking about selling in the next 12 months…

↪️ Share this with them.

 
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Real Estate Agents Aren’t All the Same ⚖️👀

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“If your home’s photos are bad, buyers don’t complain. They just never click.”