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SELLERS BE CAREFUL...If you list TOO HIGH, YOU may end up with TOO LITTLE
If you are thinking of selling your house, PLEASE read this post and listen to the guidance of your chosen REALTOR.  Thanks to KATE she spells out the scenerio of what happens when a house is listed to high from the get go.
Thank you Kate!
Sellers be careful...If you list too high, you may end up with too little.  Yes, that can happen and often does.  Why?  That's a question I will address but you should talk with your agent to see if this is true in your market area.  It certainly holds true for many.
By pricing too high you discourage a number of buyers from even looking.  That's for starters.  When folks start looking for property they are usually hoping to find what they want at the lowest possible price.  Often they will begin by looking at homes that are less than they will eventually pay.  If your listing is well above their range it will be eliminated.
Eventually they may well move up in price but your home may still be out of reach.  Once again it is bypassed.  Meanwhile your home has been on the market with few if any lookers.  You now have begun considering a price ... more

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