Why Agents Take Overpriced Listings

Overpriced listings can be good for agents but bad for sellers.

Ever drive by a home for sale and wonder what was going through the minds of the sellers when they selected the price? Or why a real estate agent would waste money, time and effort trying to market a home that nobody is going to buy because it's not realistically priced? Well, you're not alone.

Contrary to popular belief, it's not just greed or stupidity that makes home owners slap price tags a zero or two too long on the listing. Sometimes sellers are looking for a fool, and there are fools out there; albeit very few proportionately among today's more informed home buyers. Sometimes sellers are stubborn.

But none of those reasons excuse a real estate agent. Agents know when a home is overpriced. So why do they do it? Trust me, you'll be astonished . . . read more about Why Agents Take Overpriced Listings.

More Articles by Elizabeth Weintraub, click below:

• Sellers' Worst Mistake
  
• How Much is Your Home Worth?
  
• Comparative Market Analysis

_{©Elizabeth Weintraub}

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