Many times I wonder if experience is really the best school. I just relisted a home that did not sell 2 years ago. Simply put, the house was overpriced. So my seller rented it, the house got trashed and a couple of months ago I get the dreaded call.
OK, I am a gloton for punishment and went ahead and relisted this overpriced home. Why? Well, I once heard that there is not such a thing as a bad listing and who knows: Maybe I will get some leads from this one. Ultimately, I listed IT again because I like this seller.
That said, I am not listing overpriced homes again and let me tell you why:
- Sellers will BLAME THE LOUSY AGENT AKA, YOU if the house does not sell.
- People who have their heads stuck in the sand will never realize that the only THING is going to sell a house these days is: ACCURATE PRICING THAT GOES HAND IN HAND WITH THE COMPS.
- Home stagers, open houses, caravans and other gimmicks DO NOT SELL HOMES.
- THE RIGHT PRICED HOMES WILL ALWAYS SELL!!!!
- And last and not least your pretty looks, your shiny BMW, your bling bling or the name of the company you work for will not impress the buyer when making an offer. Frankly, most buyers do not care if you LIVE OR DIE.
DO YOURSELF A FAVOR, PRICE THE HOME RIGHT AND HAPPY SELLING!!!!!!!!!!!!
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