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Chasing The Market- 1 of The 10 Worst Selling Mistakes

By
Real Estate Agent with Realty Executives Bayou Properties BROK.0912123349-ASA

Chasing The Market

 

Recently through conversations with seller's, FSBO's, expired listing owner's and even some real estate agents. I realized a common misconception occurring in our local market. The people interviewed all expressed a common belief of pricing the home higher for negotiation room. This is a fatal mistake when selling a home. We all know everyone wants the best deal possible but buyers recognize an overpriced home and more than likely will not view it. The days of buyers grazing over homes like cattle is gone. A home priced at fair market value or below will attract far more buyers than an overpriced one. To find out how to avoidThe 10 Worst Selling Mistakes contact me today at 318-880-1270 directly or www.DavidBeckhamRealtor.com or I can be found at www.KW.com   

Posted by

David Beckham
Alexandria & Pineville Direct: 318-880-1270

Your Louisiana Real Estate Connection

 

COPYRIGHT 2016 David Beckham

 

 

David Beckham is Licensed by the Louisiana Real Estate Commission. Realty Executives 301 Jackson Street  Alexandria LA 71301 USA. Office 318-528-8803.

 

 

Comments(6)

Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

I agree! The constant notice of price reductions or new price only further keeps many buyers on the fence waiting for the best deal and certainly continues to make it challenging to explain to sellers the nuances of our market today. If the home is priced "on the mark" and there is solid curb appeal and it has been maintained --- the property will sell.

Jul 28, 2010 03:10 PM
David Beckham
Realty Executives Bayou Properties - Alexandria, LA
Your Louisiana Real Estate Connection

I 100% agree Emily!

Jul 28, 2010 03:15 PM
Anonymous
Jessie Teehee

I agree with you David. For those Sellers that want to overprice, I show them how its like chasing a ball down a hill and they will end up losing money, thus leaving money on the table. Its a good visual when you put it on paper.

Jul 28, 2010 03:55 PM
#3
David Beckham
Realty Executives Bayou Properties - Alexandria, LA
Your Louisiana Real Estate Connection

Jessie I like the idea of the visual aid. Good luck on finding a home for Charlotte soon!

Jul 28, 2010 04:01 PM
Wade Kawahara
Dominion Real Estate Partners, LLC - Phoenix, AZ

David, price is the main factor in getting a home sold.

Jul 28, 2010 06:01 PM
David Beckham
Realty Executives Bayou Properties - Alexandria, LA
Your Louisiana Real Estate Connection

Wade glad you agree that is the point I am trying to make.

Jul 28, 2010 06:08 PM