Short
Starting too high cost the average detached seller about $40,000.
What's in this video
The homes that held their price sold in 23 days at 98.8% of asking. The ones that cut took 65 and closed at 92.4%. On a $700,000 detached home, that's a gap of about $42,500.
Ask your agent for the held-versus-cut numbers. 📌
