Dangers of Overpricing

Every Seller wants to receive as much money as possible from the sale of their home. However, overpricing can have negative affects that you should be aware of. Here are a few things to keep in mind when considering your property's purchase price:

• Many potential buyers won't even look at your property, thinking it's out of their price range.
• Those buyers who do look are shopping by comparison, and looking at your home may convince them to make a bid on a different property.
• Since an appraisal is often required in financing a property, it's futile to price a property for more than it's worth.
• Properties left on the market for extended periods of time usually become "shopworn", causing many to believe something's amiss.
• Overpricing tends to dampen the other salespersons' attitude, making it less likely to be shown.
• Overpricing lengthens marketing time, and invariably results in a lower selling price than would have been otherwise obtained.

Seller Tips

Creating Curb Appeal

Things To Do Before You Sell

Maximize Your Chances To Sell

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