It's one of the most common strategies sellers consider:
"Let's start a little high and leave room to negotiate."
On the surface, it sounds like a smart move.
But in today's market, it often leads to the exact opposite outcome sellers are hoping for.
Buyers today are more informed than ever. They are watching listings daily. They know what has sold, what is pending, and what their options are.
So when a home hits the market above where it should be, most buyers don't see it as an opportunity to negotiate.
? They simply move on.
That's where the real problem begins.
Instead of generating early interest, the home sits. Sh...