The Dangers of Overpricing Your Home -- Steve Feldman














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An asking price that is beyond market range can adversely affect the marketing of a property.

Marketing time is prolonged, and initial marketing momentum is lost. The property attracts "lookers" and helps competing houses 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. The property may eventually sell *below* market value.

Percent of Buyers Who Will View Property