July 1, 2014

Overpricing Your Property

by Hooman Hamzehloui

Overpricing your property with the mindset that you can reduce the price when it doesn't sell is a strategy that consistently fails. Sellers believe that because they are in "no rush to sell" that they have nothing to lose and everything to gain. Actually, this is far from the truth, there is a lot to lose. Sellers who employ this strategy lose the surge of interest that surrounds newly listed property. Then when they do lower the price to what the price should have been all along, buyers often wonder if there's something wrong with the property. The buying public thinks that there has to be something that has been preventing the home from going under contract. Once a property has a stigma attached to it, this often leads to having to sell the property below market value. 

Masters Realty has a proven track record of selling homes drastically higher than our competitors. We've done it time and time again. It's in our best interest to get the most money for a home. Our sellers net more money, we earn more money and everyone is happy. However, if a client wants an unrealistic price for their home, we would rather turn down a client, then let down a client. 

If you are considering selling your property, don't make the same mistake that countless sellers before you have made. Don't waste that precious new listing hype. Prevent selling your property at below market value by falling into the overpricing trap. Let Masters Realty get the highest price, in the shortest time for your property. Experience the Masters difference.

Click this link to find out what your property is worth in today's hot market. 



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