Most homebuyers and sellers put their emotions front and center during a home transaction. For Realtors, the “stars in their eyes” may help with a quick purchase, but it can definitely work against you on the selling end. Sure, it’s easy to say that every home from Strait Lane to South Dallas that takes too long to sell is overpriced. But when it’s your home, you need some detachment.
Searching Ebby.com, in the last 30 days, 5,163 properties reduced their price … 1,722 in the last week. Getting the price right the first time is becoming more important. Since I’ve been in a “guide” mood lately, here’s a home seller’s guide to knowing if your home is overpriced.
(Realtors: Feel free to slip this under your seller’s door … It’ll be our secret.)