Richmond Real Estate Information
The Result of Overpricing
Many sellers believe that if they price their home high initially,
they can lower it later.
Often, when a home is priced too high, it experiences little activity.
Gradually the price will come down to market value, but by that time
it's been for sale too long and some buyers will be wary and reject
the property.
On occasion, the price is dropped below the market value because the
seller runs out of time. The property sells for less than it's worth.
1. Location
2. Size
3. Style
4. Condition
5. Community
Amenities
6. Buyer
Supply
7. Financing
Options
Getting
to Know Your Market
Factors
that influence overpricing
The
Result of Overpricing
Missing
the Right Buyer
The
Importance of Early Activity
Determining
the value of your home (beginning page)
North American Real Estate Network:
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