Real estate blog entries tagged with pricing homes for sale by Kenneth Cole, NYS Licensed Real Estate Salesperson (Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com -)

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pricing homes for sale: Smart sellers pricing it right. - 08/02/13 07:35 PM

Smart sellers pricing it right.

Did you know that overpricing a home can backfire on a seller? Here’s why. Most buyers tell their agent what they can afford and not to show them anything over a certain price. They don’t even look at an overpriced home thinking the sellers will never come down in price. Some buyers may look at an overpriced home but will likely use it as a comparison for other homes. Then folks by-pass the overpriced unit and buy the correctly priced home. So the unit just sits on the market and goes stale.

When the listing for … (26 comments)

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