Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Overpricing Listings Is Real Estate Malpractice
Last week, I received an offer for a home that I had listed earlier in the week in Charlotte North Carolina.  The offer was acceptable to the seller and so pending a good inspection, we should have a rather quick closing which makes my clients very happy.  This home wasn't the cheapest home on the market or the only one for sale in the neighborhood.  Buyers wanted this house because it looked good, was in the right location, and was priced right.
All too often, I see where sellers and agents alike use what I term as a SWAG price (slightly wild a$$ guess) when they first list their home for sale.  I'm sure there are dozens of other terms that relate to the same thing but you get the idea.  I can't tell whether they are hoping the buyer never looks for comparable listings or if they are pricing with the aid of a dart board.  In our market, there are far too many agents and sellers who are just...optimistic.  Optimism is fine but it real estate it is costly. 
The number one reason you want to be priced correctly from the start is that your home will be exposed first to those who are ... more

__________________________________________________
Are you on The Rain? Grow Your Network!