Ginger Wilcox provides insight on

How to avoid overpricing mistakes
“We can always go down, but we can’t go up.”

Most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market value. But, as logical as this advice sounds, for many sellers it is still tempting to tack a few percentage points onto the price to “leave room to negotiate”.

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To avoid this temptation, let’s take a look at the seven deadly sins of overpricing:

1. Appraisal Problems

2. No Showings

3. Branding Problems

4. Selling the Competition

5. Stagnation

6. Tougher Negotiations

7. Lost Opportunities   

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