The  Dangers  of  Overpricing!
Some real estate agents will inflate your listing price because they are willing to say anything in order to obtain your listing.  Do you want an agent like that?

Some real estate agents will tell you what you want to hear, rather than risk speaking a painful truth.  Do you want an agent like that?

A professional Market Analysis completed by an ethical agent who is not afraid of losing your listing is an excellent tool to estimate the value of your home and set the listing price.   

Here are a few of the dangers of overpricing your home:

• Buyers shop by comparison.  If your home offers less value than another home for a similar price, which one do you think will get a purchase offer first?
• Agents choose property to show their qualified buyers based on comparative value.  If your home offers less value than another home for a similar price, which one do you think the agent will choose to show?
• Qualified buyers may bypass your property, thinking it's out of their price range, when actually their offer is the one you would be happy to accept.  Do you want to lose buyers?
• "Price Reduction" really means failure  --  failure to estimate the value of your home accurately, failure to market your property based on who will purchase.  Professional agents want successful transactions.  How quickly do you want a success in the market?
• Lending institutions require an appraisal.  Do you want to lose your qualified buyer because your property does not appraise for their offer? 
• Properties on the market for an extended period receive fewer showings.  Agents and buyers assume there is something wrong.  Do you want your property to be ignored.

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