Dangers of Overpricing

REALTORĀ® and buyer interest is at its highest when a property is first put on the market. An asking price that is beyond market range can create the following adverse affects:
  • Fewer buyers are attracted, and fewer offers received.
  • Marketing time is prolonged, and initial marketing momentum is lost.
  • The property attracts "lookers" and helps houses competing with yours look better by comparison.
  • If a property does sell above true market value, it may not appraise and the buyers may not be able to secure a loan.
  • It may become necessary to adjust the price below market value to compete with new, competitively priced listings. Hence, the property may eventually sell below market value.

Map Search

Find your perfect home in the perfect location.

Search by Map »

Market Analysis

Information is power! We'll provide you with comparative market analysis for your area.

Request Analysis »

Create Account

Save your top searches, favorite listings and receive custom updates.

Signup Online »

Let's Talk

Need help finding the perfect home? Let me help your search!

Contact me »

Power Tools

Login for access to our powerful home search tools.

Login »

School Search

Search for your family’s next home in specific school district.

Search by School »

Address Search

Need more information about a specific listing?

Search by Address »

Open Houses

Browse upcoming Open Houses in your chosen area.

Search Open Houses »

Website Powered by Real Estate Web Solutions

© 2023 Real Estate Web Solutions, LLC. All rights reserved. realOMS Login