Elizabeth Weintraub • Sacramento Real Estate Agent: California: Roseville

How Buyers Respond to Overpriced Listings

My friend who lives down the street from us at our house in Hawaii just sold her home in Roseville last year. She went through a couple of Realtors at the time (because I did not know her then), and she had also had more than 2 price reductions. Her comment to me was wow, too bad I sold my home in a buyer's market, because it wasn't a seller's market in 2017.

What? I was dumbfounded. I guess nobody told her it most certainly was a seller's market in 2017. She was overpriced. Her agents listed that home for more than market value, which is why it took so long to sell. In fact, she probably would have made more money if she had listed it right in the first place. But she's my friend, and there is no reason to upset her over somthing that is done and over.

You can read more in my personal blog today at this link? Why Buyers Will Not Make Offers on Overpriced Listings.

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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