Below Market Value
High interest
- + The home receives high interest and a quick sale
- + Multiple offer scenario, which may include offers above asking price
- - Risk of selling at a lower price if the market does not respond with competing offers
- = Buyers and agents recognize a fair price
- + No appraisal issues
- + Home appears on more relevant buyer searches
- - Could take significantly longer to sell
- - Time on market makes the listing feel stale to prospects
- - The home may not appraise, sending negotiations back to square one