There is no “let’s test the market.”
There is only the market reacting - instantly.
The moment your home goes live, buyers and agents form an opinion.
And once that opinion is set, it’s incredibly hard to change.
Overpricing doesn’t buy you time.
In today’s market, it costs you leverage.
It creates resistance and broadcasts that:
• the seller is unrealistic
• negotiations will be painful
• waiting will work in the buyer’s favour
So what ends up happening?
Buyers wait.
Agents move on.
Momentum dies quietly.
Here’s what most sellers aren’t hearing:
buyers don’t compete for nice homes.
They compete for opportunity.
Your price either creates that feeling of opportunity - or removes it.
Nothing does that faster.
Once a listing misses its first window of attention, every future price reduction is read as weakness - not strategy.
Bottom line:
Price is not a suggestion. It’s your signal.
And the market responds to it immediately.
Straight facts: you don’t get a warm-up lap when pricing your home.