Consequences of overpricing your home

Overpriced houses are readily apparent to the real estate community and to most buyers who have conducted a thorough analysis of the neighbourhood.

As a result, buyers will bypass new listings which are considered overpriced.

Real Estate Sales Representatives will also alert their clientele if they believe a property is overpriced.

As a result, the number of qualified serious buyers who will put in an offer on your home will be significantly reduced during the early stages as the market waits for the inevitable price reduction of the property.

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