Don't Overprice Your Home!
- ferrarinikole
- Feb 1, 2023
- 1 min read
Overpricing a home when listing it for sale in San Diego, California can be detrimental for several reasons:
Longer time on market: Overpriced homes tend to stay on the market longer, as they take longer to find a buyer willing to pay the asking price.
Fewer offers: Overpriced homes typically receive fewer offers, as buyers are less likely to make an offer on a property they feel is overpriced.
Lower final sales price: Overpriced homes often sell for lower than their original asking price, as buyers are typically not willing to pay more than the market value of the property.
Missed opportunities: Overpricing can cause sellers to miss out on opportunities to sell their property to interested buyers, as the home may not be seen by as many people and may not receive offers.
Don't overprice your home! Reach out today to learn more about our pricing strategy and how we'll net you top dollar on the sale of your home!
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