A High House Price Will Cost You
Often the home seller wants to price their home at the very top of market value, or sometimes even above. This can be a completely normal desire. It is our home and we want to most that we can get for it. However, pricing a home higher than what the home can appraise for, or at the top end of the market, can be costly. Not only in the amount of time that it takes to sell a home, but in the final price that the home does finally sell for. Here is a great video from Keller Williams that helps explain the issue with pricing a home above the value.
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