WHY DO REAL ESTATE AGENTS OVERPRICE HOME?
TO BLOW AWAY THEIR COMPETITOR AND TO GAIN A LISTING WITH YOU!
A SELLER WHO PICKS AN AGENT BASED ON WHICH ESTIMATE IS HIGHEST IS THE UTIMATE LOSER IN THIS RELATIONSHIP!
BEWARE THAT OFTEN IT DOESN'T MATTER TO AN AGENT IF YOU OVERPRICED HOME EVER SELLS!
WHY?
FREE ADVERTISING FOR THE AGENT
FOR SALE SIGN, OPEN HOUSES, NEWSPAPER ADS
AGENTS FIND BUYERS THROUGH LISTING AND THEN SHOW THE BUYERS HOME THAT ARE PRICE CORRECTLY
WANT MORE?
SOMETIMES THE AGENT IS USING A BAIT AND SWITCH APPROCH
OVERPRICE THE HOUSE OFFER A LOW BALL COMMISSION
THE OWNER IS HAPPY!
BUT NOW THE GAME BEGINS
WHEN THE HOUSE DOESN'T GET ANY OFFER, THE AGENT WILL WORK ON THE OWNER TO LOWER THE PRICE AND HIGHER THE COMMISSION
THIS IS TIME LOST FOR THE SELLER AND DRIVE BUYERS AWAY!
WHO LOSE AGAIN?
CHOOSE YOUR AGENT BASED ON HONESTY, ETHICS,EXPERIENCE, COMPETENCE AND MARKETING