10 Fatal Mistakes of Overpricing

1. Reduces Sales Associates Activity
2. Reduces Advertising Response
3. Loses interested Buyers
4. Attracts wrong prospects
5. Discourages or eliminates Offers
6. Can lead to Mortgage Financing Rejections
7. Helps sell the competition
8. Property becomes stale/market worn
9. Price Reductions send wrong messages
10. Inability to reduce price later without encouraging low or delayed offers.