June 12, 2025

How to Price Your Home Right the First Week (and Avoid Costly Price Drops)

One of the biggest mistakes I see sellers make is overpricing their home “just to test the market.” It sounds harmless, but it usually backfires. After helping families across Los Angeles County and Orange County since 1988, I can tell you this with confidence: the first two weeks on the market matter more than anything […]

One of the biggest mistakes I see sellers make is overpricing their home “just to test the market.” It sounds harmless, but it usually backfires. After helping families across Los Angeles County and Orange County since 1988, I can tell you this with confidence: the first two weeks on the market matter more than anything else. That’s when your home gets the most views, the most showings, and the strongest buyers. If you miss that window, it’s hard to get that momentum back.

Today’s buyers are extremely informed. They’ve watched every sale in their neighborhood. They know the comps. In cities like Whittier, Fullerton, Buena Park, La Habra, Cerritos, and La Mirada, buyers compare homes side by side online before they ever schedule a showing. If your price looks high compared to similar properties, they simply skip it. No showings means no offers. No offers means price reductions. And price reductions signal weakness.

Here’s the strategy I use with my sellers. First, we study recent sold homes, not active listings. Active prices are wishes. Sold prices are facts. Then we adjust for condition, upgrades, lot size, and location. Finally, we position the home slightly below or right at market value to attract more attention early. More eyes create more showings. More showings create competition. Competition is what drives price up, not starting high.

Counterintuitive, but true: homes priced correctly from day one often sell for more than homes that start too high. When buyers feel a home is a fair deal, they move fast and sometimes bid against each other. When it feels overpriced, they wait. And waiting costs sellers time, carrying expenses, and negotiating power. The longer a home sits, the more buyers assume something must be wrong.

If you’re planning to sell, don’t guess at the number or rely on an online estimate. Get a real strategy based on your exact neighborhood and current buyer behavior. I’m happy to prepare a straightforward pricing plan that shows what similar homes actually sold for and where your home should be positioned to sell quickly and confidently. Getting the price right the first week is the single smartest move you can make.