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The best chance for selling your property is within the first 7 weeks. Studies show that the longer a property stays on the market, the less the seller will net. It is very important to price your property at a competitive market value at the signing of the employment agreement.

The market is so competitive that even over pricing by a few thousand dollars could mean that your house will not sell. Your first offer is usually your best offer.

Here are 8 reasons for pricing your property at market value in the beginning to net you the most amount of money in the shortest amount of time:

An overpriced home:

  • Minimizes offers
  • Lowers agent response
  • Limits qualified buyers
  • Lowers showings
  • Lowers prospects
  • Limits financing
  • Wastes advertising dollars
  • Nets less for the seller.