Overpricing Your Property
The danger of overpricing your property is that an agent may use your home simply to boost thier stock.
The more properties in their portfolio, the more chance there is of selling one.
What’s more, an agent might use your home to make it easier to sell a comparable but less expensive property.
Your home becomes a high-priced benchmark against which to compare similar houses.
Overpriced houses tend to sit in the market for longer, and to sell for less than the owner was expecting.
Serious property professionals are competent, reliable, and trustworthy. They know what is happening in the market in your area.
It’s important to work with a competent agent and decide on a realistic asking price.
