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How Texas Sellers Can Compete in a Buyer’s Market

Your buyer has options. What makes your house the one? I’d start with the competing homes, then look at price, preparation, and terms together. Before listing, know why a buyer would choose yours—and what will tell you it’s time to adjust.
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David Edgerton

Texas Real Estate Broker

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Before choosing an asking price, I want to know what a buyer will see after leaving your house.

That question is useful whether you’re selling in Houston, Austin, or DFW. It moves the discussion from what a seller hopes will happen to the choices a buyer actually has. A home needs a convincing place among those choices.

Redfin’s August 2026 analysis estimates more than twice as many sellers as buyers in Houston. That’s context for a pricing conversation, not an appraisal of your home. Here’s how I would turn that context into a selling plan.

Start with the homes that compete with yours

I’d build a short list of properties a buyer would reasonably consider alongside yours. Location, size, layout, condition, and price range all matter. A nearby house with a very different appeal may tell us less than a similar home a little farther away.

Recent closed sales help us understand what buyers have paid. Active listings show what they can choose now. I want both in the conversation. An ambitious asking price on another listing does not establish that someone will pay it.

New construction belongs in the comparison when it competes for the same buyer. Look at the actual offering and terms rather than assuming that a resale and a new home at the same advertised price are equivalent.

Separate your moving budget from your asking price

Your desired proceeds matter. You may need funds for another purchase, moving expenses, or other plans. I want those numbers understood early so you can decide whether selling works for you.

But a buyer has a separate budget. Your target proceeds don’t increase that buyer’s purchasing power or change the alternatives down the street.

I’d work through realistic selling scenarios before listing. What happens at different sale prices? What if an offer includes a closing-cost credit? What expenses remain? That conversation gives you a clearer decision than choosing a price simply because it produces the number you want.

Prepare with the buyer’s comparison in mind

Preparation should have a purpose. I’d look for obvious issues that could make a buyer hesitate and decide which ones are worth addressing before launch. That does not mean approving a major remodel by default.

Think about what buyers will notice during a showing. Can they understand the layout? Can they see the rooms clearly? Does the condition match the price and the expectations created online?

Photos should represent the property accurately. Strong presentation helps someone understand the home; it should also hold up when that person walks through the door. A listing needs both an appealing introduction and an honest showing.

Decide how you’ll respond before you need to

I don’t want a seller’s entire plan to be “list it and see.”

Before launch, I’d agree on how we’ll review activity. We should consider showing requests, repeated feedback, changes among competing listings, and whether similar homes are moving toward a sale.

Weak activity deserves examination. It does not identify one automatic fix. We may need to revisit price, presentation, access for showings, or how well the listing reaches the intended buyers.

The point is to make a decision from evidence. If several buyers raise the same concern, I want to understand it. If another comparable home changes its price or terms, I want to consider what that means for our position. Waiting should be a considered choice.

Read the whole offer

When an offer arrives, I look beyond the proposed price. Credits, repair requests, timing, and other terms can affect whether it works for the seller.

A higher number at the top of the contract does not settle that comparison. I want an estimate of proceeds alongside the practical obligations and uncertainties in each offer.

Negotiation should serve your goals. There is no reason to promise a concession before we understand the request, and no reason to reject one simply because it feels like giving something away. Evaluate what the complete agreement accomplishes.

Expect clear advice and clear costs

This is where I think professional representation earns its value: identifying the competition, explaining the options, managing the work, and taking responsibility for the advice.

Sellers should also understand the service scope and total fees. My view is that an efficient listing business should preserve the work that helps the seller while reducing unnecessary overhead. A fee saving and a sound pricing strategy address different parts of the transaction; one cannot substitute for the other.

Before you list, you should be able to answer three questions: Which homes are we competing with? Why would a buyer choose ours at this price? What evidence will tell us to adjust?

Those answers are the beginning of a practical selling plan.

Source: Redfin’s buyer–seller analysis

Its buyer counts are modeled and seasonally adjusted, subject to revision, and describe markets rather than individual properties.

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David Edgerton
All City Real Estate, Ltd. Co.

REALTOR®
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