DISADVATAGES OF OVER-PRICING
EXTENDS THE MARKETING PERIOD OF THE PROPERTY
THE RESPONSE ON NEWSPAPER AND INTERNET ADVERTISING IS REDUCED
SELLER GETS LOWER OFFERS ON THE PROPERTY FOR SALE
THE HOME FOR SALE BECOMES OVER-EXPOSED
DISCOURAGES POTENTIAL BUYERS FROM VIEWING THE PROPERTY
COMPETING PROPERTIES BECOME MORE ATTRACTIVE
LACK OF BUYERS INTEREST
BUYERS ARE RELUCTANT TO MAKE OFFERS
BUYERS ELIMINATE THE PROPERTY BASED ON PRICE
BEST MARKETING TIME IS LOST, WHICH IS THE FIRST 3 WEEKS
HOUSE FINALLY SELLS BELOW MARKET VALUE
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