Volume 77 | September 20th, 2022

The perils of over pricing your listing

Few singular decisions can affect your real estate experience as much as your listing price. The listing price not only sets buyers expectations (the higher the listing price, the higher the expectations), but it also plays a huge part in the amount of exposure that the listing will receive. Most active buyers have a property search set up through their agent which sends them new listings as soon as they hit the market. If you over price your listing, there's a greater chance that the listing is overlooked by buyers and then ultimately forgotten about because there's always new listings coming on the market. The only way to combat this issue is via a price reduction which is never something a seller is happy to do. I completely understand why sellers have the urge to list their homes on the higher side, I mean, who wouldn't want more money? This feeling is usually reinforced by a friend or neighbor who can't stop talking about how their house sold for way over asking price. The best tactic to avoid this all to common pitfall, would be to simply list the property slightly under market value. This typically promotes a higher number of offers which can lead to a bidding war, both of which can fuel over asking price offers that could net higher proceeds than if you listed the property on the higher end of the reccomended price range.

Want to buy or sell? Call Brandon today at (707) 616-8752

A Beautiful Arcata Listing!


  • New listings saw a slight increase this week, coming I just one unit above last weeks 54.


  • Pending properties saw a decent jump this week coming in five higher than last week.


  • The number of sold properties barely budged, coming in at 33 this week.

August Market Report for Arcata

August Market Report for Eureka

Current Interest Rates via Mortgage News Daily
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Humboldt County Real Estate

From informational pages on buying, selling or investing in real estate, to current and past transactions, Humboldt County info, social media links and an about me, my website can help you get your bearings with Humboldt County Real Estate!
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The Price of Money

Interested in current interest rates? Please call or visit Humboldt Home Loans for detailed information.

(707) 269-2334 - HumboldtHomeLoans.com

CalBRE - Lic # 01226140 NMLS #294953
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Thank you for taking the time to read this. I appreciate your patience as I iron out the wrinkles on the way to an informative and compact weekly report.

I look forward to working with you in the future!
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Brandon Brown
RE/MAX Humboldt Realty
2222 Myrtle Ave, Eureka CA 95501
DRE# 02031396

www.BrandonBrownRealtor.com - 707.616.8752 - bbrown@humboldtrealty.com