The Risk of Overpricing: Missing Peak Selling Activity
A property generates the most interest within the real estate community when it first goes on the market.
The number of showings is greatest during this time - if it is priced at realistic market value.
Starting too high and dropping the price later misses the excitement and fails to generate much activity
- It may even be necessary to drop the price below market value to compete with new, well-priced listings.
By pricing your property realistically from the start, you can benefit from the greatest interest among brokers and buyers.