overpricing homes: What Overpricing Your Las Vegas Property Might Cost You - 09/21/16 03:48 AM
The market is improving, which is wonderful news for homeowners. Escalating prices give home buyers more confidence to purchase, which leads to more buyers and more competition. This type of market often causes overpricing, which can be ill-fated. The following is what overpricing your Las Vegas property might cost you.
Connection Between Home Price and Listing TimeframeIt is well documented that list price and marketing timeframe are related. Overpriced properties remain on the market longer for several reasons. First, higher price ranges have less qualified buyers. Secondly, overpricing your property makes lower-priced listings seem a better deal. Thus, competing listings may benefit … (0 comments)

 
Arina Hanciulescu, RealtyPros (RealtyPros)

Arina Hanciulescu

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