The Danger of Overpricing

Sellers should be cautious about pushing list prices too high as summer approaches. Even in this hot seller’s market, properties that eventually require price reductions take a lot longer to sell.

For listings in June of 2021, homes needing price reductions took nearly 5 times longer to sell than homes that were priced correctly.

Feel free to share this with your sellers, or share the infographic on social media.  If you have any questions or comments, please reach out to me.

Greg Parham, Author

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