Please think twice before you post that your listing is overpriced. I am really confused as to why Realtors post comments on Facebook about their overpriced listings. Not only do they comment, they are the ones telling the world that their listing is priced too high because that is what the sellers insisted on.
Yes, I have heard agents verbally refer to their listings that they feel are listed too high. That is bad enough but to put this on the Internet is beyond my imagination. Do they not understand that they are supposed to be protecting their sellers' best interest?
How in the world can they justify telling people the property is not worth what it is listed for. Experienced agents in that particular market are going to know (or at least they should run comps to find out) the value. It is up to the buyer's agent to know or find out if the listing is priced too high. It is not up to the listing agent to tell people.
Sometimes we do have listings that are priced high. There are a multitude of reasons why we might take such a listing. Whatever our reason what continues to be true is that we are to protect our seller. I understand that some agents do not want others to know that they understand the price is too high and they would like the other agents to know it is not their fault but rather it is in spite of what they counseled the sellers BUT please resist the temptation to reveal your unhappiness with the price.
Either that or do not take the listing and let an agent that will protect the seller represent them.
