Real Estate Selling Mistakes
Mistake #1 - Incorrect Pricing
Every seller naturally wants to get the most money for his or her product. The most common mistake that causes sellers to get less than they hope for, however, is listing too high. Listings reach the greatest proportion of potential buyers shortly after they reach the market. If a property is dismissed as being overpriced early on, it can result in later price reductions. Overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price than they likely would have had they been priced properly in the first place. Furthermore, over-pricing in the hope of finding a naïve buyer will often backfire in today’s savvy buyer market. For the complete list of selling mistakes please visit our Selling Reports page on our Corporate Website.
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