The real estate market has changed.A few years ago, sellers could put a home on the market and, in many cases, expect strong buyer activity almost immediately. Multiple offers were common, homes
Dated: September 5 2026
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The real estate market has changed.
A few years ago, sellers could put a home on the market and, in many cases, expect strong buyer activity almost immediately. Multiple offers were common, homes sold quickly, and buyers often had to make compromises just to get their offer accepted.
Today, buyers have more choices—and they’re paying much closer attention to value.
That means if you’re thinking about selling your home, one of the most important decisions you’ll make happens before the For Sale sign ever goes in the yard: choosing the right asking price.
One of the biggest mistakes a seller can make is looking at their home in isolation.
Buyers don’t.
They’re comparing your home to everything else available in their price range. They’re looking at location, condition, upgrades, lot size, monthly payment—and, ultimately, whether one home feels like a better value than another.
That’s why the goal shouldn’t simply be to put your house on the market.
The goal is to make your home one of the homes buyers want to buy.
And price plays a major role in creating that reaction.
When a home first comes on the market, it gets something you can’t completely recreate later: new-listing attention.
Buyers who have been watching the market receive alerts. Agents notice the new inventory. Your listing appears fresh in online searches.
That initial exposure is valuable.
If buyers see the home but believe it is priced too high compared with the competition, many won’t make an offer hoping you’ll negotiate. They may simply move on.
Then, as the days on market begin to accumulate, buyers can start asking a different question:
“What’s wrong with it?”
Sometimes, absolutely nothing is wrong with the house.
The market may simply be saying the price doesn’t match the perceived value.
It sounds reasonable: start a little high because you can always reduce the price later.
The problem is that the market doesn’t necessarily give you a do-over.
A price reduction can certainly generate renewed interest, but you may have already missed buyers who were most interested when the home first became available.
That doesn’t mean sellers should give their homes away. Far from it.
It means pricing should be strategic.
The right price should consider recent comparable sales, current competing listings, pending sales, the condition and features of the property, neighborhood trends, and what buyers are actually responding to right now.
Price may get a buyer through the door, but the home still needs to deliver.
A well-prepared home with strong photography, effective marketing, good curb appeal and a compelling presentation can stand apart from its competition.
But even exceptional marketing has limits.
You can have beautiful photography, cinematic video, professional staging and tremendous online exposure—but if buyers consistently believe they can get more for their money somewhere else, the property can still sit.
Marketing creates attention. Pricing helps convert that attention into action.
If your home has been listed and isn’t getting the activity you expected, don’t automatically assume the market is terrible.
Look at what the market is telling you.
Are buyers viewing the listing online but not scheduling showings? Are you getting showings but no offers? What homes are buyers choosing instead? Have competing properties reduced their prices? What has actually gone pending or sold since you listed?
Those answers can tell us a lot.
Sometimes the solution is presentation. Sometimes it’s marketing. Sometimes it’s condition.
And sometimes, it’s price.
Selling a home today requires understanding the market as it exists now, not as it existed two or three years ago.
Buyers are more selective. Affordability matters. Value matters.
So rather than asking:
“What’s the highest price we can list my home for?”
A better question may be:
“What price will make buyers look at my home and say, ‘That’s the one’?”
That’s where a smart pricing strategy begins.
If you’re considering selling a home in California’s Central Valley or Central Coast, my team and I can help you evaluate the competition, recent sales and current buyer behavior before determining a pricing and marketing strategy.
Robert Lee
The Robert Lee Real Estate Group
RE/MAX Success
CA DRE #01125042
With more than 35 years of real estate experience and 7 years in mortgage lending, I provide buyers, sellers, and investors with knowledgeable guidance, expert negotiation, and proven results. Over th....
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