Compass ran an analysis on homes that are priced less than 2MM in Contra Costa County and throughout #DiabloValley area. Compass compared overpricing a home with those priced at fair market value. Even though we understand that sellers want to get the most out of their home, it isn’t prudent to go above fair market value.
1) Overpricing wastes the optimum moment of buyer and broker attention.
2) Overpricing homes kills any sense of buyer urgency, “There must be something wrong with it if it hasn’t sold by now.”
3) Overpricing helps sell other competitive properties.
The best thing to do is hire an agent who is actively aware of market conditions in order to price your homes correctly.
Author:Kevin Kieffer Phone: 925-300-8000 Dated: January 4th 2019 Views: 3,134 About Kevin:
Kevin R. Kieffer is a Broker Associate and Realtor with Compass. His primary focus is the East...
Kevin R Kieffer's Team at Compass Real Estate consist of the following professionals: Kevin R. Kieffer, Broker Associate DRE 01330888, Naomi T. Kieffer, GRI, Realtor DRE 01263908, Matt Rubenstein, Realtor, Taylor Pollard, Realtor DRE 01996354, James Heaton 02095396 & Heather Gowdy, Realtor DRE 01933216. This team is ranked in the top 1% of Contra Costa County and are Five Star Agents as seen in Diablo Magazine - Offices in Walnut Creek & Danvi lle
If buying isn’t an option, make it yourself. Indeed, in 2020 homeown
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