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Over priced listings. Should we consider them?
Over priced listings.  Should we consider them?
There are a lot of blogs on over priced listings,  we all (real estate agents) agree that we should never take them, but I would like to share another point of view.  I know that many agents are going to disagree with this point of view, but this is very much on my mind, so I am going to share it.
A while back, I had a navy pilot be specific on what he wanted for his house, and although it was way over priced, we came to an agreement that we would list his house for $10,000 more than what I thought is should list even on the higher end of the CMA.  The agreement was that at the end of 3 weeks, after getting feed back from the showings we would reduce the price. I mention what he did for a living because his personality was very strong and very methodical.  During the third week, we had our third showing in the time of the listing, and I had the feeling that this last couple had really liked the place from the feedback of the buyer's agent. I decided to hold on one more week ... more

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