Answer to Question:

The best approach is to price a home just within the market value range. This allows room for negotiation, without sacrificing exposure. Make no mistake; we want you to get the best possible price for your property. However, when a home is priced too high for the market this may:

– Attract lookers, not legitimate buyers

– Imply you aren’t motivated to sell

– Reduce the number of showings

– Help competitive listings look better

– Cause financing issues for the buyer if the property doesn’t appraise at the higher price

– Ultimately force you to drop the price below market value in order to sell

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