April 2017 - Ian Barnes - 25 years of Professional Real Estate Service & Results
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Ian’s Real Estate Rant

“From the desk of Ian Barnes. Relevant, topical real estate related opinions, thoughts and perspectives”

April 2017 - Ian Barnes - 25 years of Professional Real Estate Service & Results – Ian Barnes – 25 years of Professional Real Estate Service & Results

The Risks of Overpricing

April 3, 2017

We see it all the time… Properties come onto the market, at what an agent or an owner thinks it is worth. An asking price or strategy is set. SCENARIO ONE: The market thinks it is a little high; it sits there a long time. Either the price comes down, or worse, doesn’t and as time rolls on the perception is that the property is...