When you put your home on the market you are no longer the home owner, you are the home seller. Sellers must adopt the mindset of the buyer and see the home through a buyer’s eyes. Overpriced properties run the risk of incurring excess carrying costs and extended time on the market.
These are some of the pricing myths sellers shouldn't fall for when pricing their home.
It's Better To Price My Home On The Higher Side
Often times sellers think if a buyer is interested they will submit a “low-ball” offer but many buyers won’t risk offending a seller or wasting their time with an unreasonable seller. Sellers believe that lowering the price at a later date is an option but they risk losing buyers who aren't searching in that higher price range…