Pricing February 28, 2025
The WSJ (article below) recently highlighted a shift in the housing market—sellers pulling listings at record rates at the close of 2024 while inventory stacked up and sales hit a 30-year low. But the market isn’t frozen, just pickier. Some sellers are holding out, but others are pricing smartly and moving their homes despite the uncertainty. The key? Understanding today’s market, not yesterday’s prices. Buyers are still willing to pay, but only for homes priced and positioned correctly from day one.
Overpricing forces sellers into a painful cycle of price reductions, damaging perception and ultimately leading to a lower sale price than if they had started at the right number. A listing that lingers on Zillow with price cuts isn’t creating urgency—it’s signaling that something is wrong. Today’s buyers are data-savvy and hesitant to engage with homes that look “picked over.” In contrast, a well-priced home, marketed strategically, can still sell quickly and at a strong price.
That’s where off-market strategies like Compass Private Exclusives make all the difference. This early-access approach strategically introduces your home to over 1,000 top Compass agents in Middle Tennessee (including PARKS, Village, and Pilkerton agents), before it ever hits the MLS and Zillow. This gives you valuable feedback and pricing discovery, private showings, and the chance to secure an offer without accumulating days on market or suffering public price cuts. And if it doesn’t sell in the first phase? You enter the broader market with insights that position your home for top offers—without the damage of a misfire.
Click text or image for Compass Private Exclusives - Seller and Buyer Benefits
For buyers, Compass Private Exclusives offer a unique advantage. These listings are shared privately for a set period or, in some cases, never made public on home search sites like Zillow. This gives buyers early access to homes before they hit the open market. Having this first look means buyers can tour and make offers on properties before they’re widely known, potentially securing the right home without the stress of a bidding war.
Click text or image for Private Exclusive - 1262 Bridgeton Park Dr, Brentwood
Click text or image for WSJ February 2025 Housing article
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Bill's real estate experience spans residential and commercial transactions as an agent, buyer, seller, investor, tenant, landlord, and cross-county corporate relocation. Bill looks forward to understanding your needs, building your trust, and helping you successfully sell your existing home, find your new home, or add to your real estate portfolio.