Overpricing Helps Your Competition!
When you put a house on the market FOR RENT or FOR SALE, you're competing with other similar houses.
Did you know you are actually helping your competition if you overprice your house?
Buyers and Renters look online and compare all the available options.
The overpriced houses make the other houses nearby look like a better value.
When buyers/renters go view all the available houses, the overpriced houses again confirm the lower-priced houses are the best value.
Proper pricing is the key to a timely sale or lease out...