This is a TRUE real estate horror story....
**THE DANGERS OF OVERPRICING**
From being overpriced for far too long and now its a bank sale. This property has had 13 price reductions over the last 5 years. The final one was this spring....
Now the bank has taken the house from these owners.
This is a cautionary tale that reminds you to make sure you hire the right agent that will tell you the truth. Do not take a price recommendation personally.
As I always explain to my own clients, when you are selling you always have 3 options. 1) Accept 2) Counter 3) Reject.
The right list price will attract the serious buyers that will then attach a value to your home. If they never see the house, that connection will never happen.
Comment or DM me if you have questions.
Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-podcast-show--6907081/support.
PS Sign up here for the newsletter that 1000s across Toronto GTA receive each week.