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Signs Your Home is Overpriced

Monday, May 3, 2021   /   by Mitch Stein

Signs Your Home is Overpriced

Pricing your home correctly can be an overwhelming task, but it's also one of the most important tasks in ensuring the sale of your home. An overpriced home has fewer chances of making a sale.

Here are a few signs that your home is overpriced.

Few offerings and even fewer showings.
Loads of showings but no offers.
Higher price when compared to other properties in your area.
Similar homes in your area making frequent sales.
Little interest from buyers in attending your open house.

Keep in mind that your needs don't determine the selling price of your home. The buying capacity of your buyer does. So sit down with your realtor after 30-60 days of inactivity to reconsider your asking price for best results. 

If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070. Mitchell Stein License# 02081632

Stein Team Realty - Keller Williams College Park
Mitchell Stein Dre# 02081632
2440 W Arrow Route #5C
Upland, CA 91786
DRE# 01885348

Based on information from California Regional Multiple Listing Service, Inc. as of May 22, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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