Don't Overprice!

Real Estate Agent with Regal Homes and Properties

Tami Reynolds
Regal Homes & Properties
(845) 987-0775

Email Tami Reynolds

Overpriced Homes

A recent article stated that studies have shown the longer a home lingers for sale, the bigger the discount it sells for. An overpriced listing, even if it is reduced, can waste the large original pool of potential buyers.

Buyers compare the homes on the market and choose the best home for the best price.

Tami Reynolds
Regal Homes & Properties
(845) 987-0775
im: noplaclikhome

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Comments (11)

Leeshay Wright
Keller Williams Realty - Mauldin, SC

Welcome to active rain you will find lots of helpful information.  Enjoy!

Jul 23, 2008 04:25 PM
Tami Reynolds
Regal Homes and Properties - Warwick, NY

Thank you, Leeshay!

Jul 23, 2008 04:28 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Welcome to ActiveRain, Tami! Very good advice about the relation between overpricing and time on market. Sellers need to price aggressively in a strong buyer's market, or risk chasing the market down.

Jul 23, 2008 04:31 PM
Tami Reynolds
Regal Homes and Properties - Warwick, NY

Thanks, John! 

Jul 24, 2008 01:33 AM
Dwayne West
Atlanta Real Estate - Canton, GA
Canton Georgia Real Estate

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.

Jul 24, 2008 03:41 AM
Bill Kennedy
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC

Hey there, I just wanted to send you a welcome from down in Greenville SC!  AR is a great community for learning as well as sharing... just be careful - it's addictive!

Jul 24, 2008 06:31 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.

Jul 24, 2008 06:46 AM
Lorena Westervelt
Van West Realty - Greenville, SC

Hello, welcome to Active Rain! This seems like a wonderful environment to network as well as learn from others. I hope you enjoy yourself and participate often in the Active Rain environment!

Jul 25, 2008 12:34 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 


Jul 25, 2008 01:06 AM
Ted Mackel
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent

Welcome to ActiveRain. Congratulations on your first post. Get around and check out the community, you'll quickly figure out how to supercharge your blogging skills. 

 Read this blog post:

Jul 26, 2008 08:58 AM
Neal Barnes
Starstate Realty - Killeen, TX

Hi Tami  -  Welcome to ActiveRain. I look forward to networking with you and reading your future post. Have a great day!!!

Jan 01, 2009 06:10 AM