"Don't Waste Valuable Market Time By Overpricing Your Home"

• A high price on your home makes other homes more attractive and can actually help sell the competition
• Fewer sales people will show your home.
• Your pricing strategy will attract the wrong buyers.
• Overpricing may lead to mortgage rejections because of low appraisals and critical lost time.
• Market activity and timing are very important because most activity occurs early in the listing period. If you are higher than the market, you may miss the excitement of a new listing and lose money.
• Overpricing will ultimately cause you to lower the price, which sends the wrong message to buyers in the market about your motivation.
• A market value price will create competition. An above market value price reduces competition.