As this chart shows, chasing the market will hurt your pocket book at the closing table!  Buyers are ready to buy but most are working with an agent that knows pricing and with so much inventory there is just no need to even look at homes that are incorrectly priced.  So sitting on the market with the "let's see what happens if..." theory is broken down here with past mls sales data:

Danger

Please contact me if you have any questions or if you are interested in buying or selling:

 

Laura Sargent

ABR, CSP, SFR

Carolina One Real Estate 

Email Me: LauraSargent.RealEstate@gmail.com

Direct: 843-509-2375

Helping clients buy and sell real estate in Charleston, Mount Pleasant, Isle of Palms, Sullivans Island, North Charleston, Hanahan, Goose Creek, Summerville, Moncks Corner, James Island, Johns Island, and Folly Beach


 

 

 
Posted by Laura Sargent on 09/28/2011 07:39 AM   Comments (2)   Danger of Overpricing in the ActiveRain Channel   danger of overpricing  
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2 Comments on The Danger with Overpricing your For Sale Home

SEP
28
2011
488,077 Points 5 Featured Posts Localism Sponsor

Larua, I had to look a couple of times, but now I see your point - go get em priced right!  Regards from Michigan
7:42am • #1
640,166 Points 53 Featured Posts Outside Blog Called Shot Master

Hi Laura.  Informative information.  Sellers need to be realistic with their pricing these days in order to make it to the closing table.
9:35am • #2


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