But We're Only Human

By
Real Estate Broker/Owner with Century 21 Turner Brokers

And you're certainly not alone in dealing with this...because it not only happens to home sellers in general but is also known to happen to home sellers who're real estate professionals by trade.

A changing market has its stories of agents with nice homes who've spent years making them better-but when selling in a changing market, their emotional attachment outweights everything they know about what works in that marketplace.  And like any other home seller with a huge emotional investment, they overprice.  consequently, their home sits on the market with little activity because buyers have so many other opportunities.

Comments (1)

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Real Estate Faster - Los Angeles, CA

So true, an overpriced home is bound to sit on the market with less activity. Great point to avoid that emotional attachment if you want it sold.

Jan 02, 2012 08:08 AM