Why Overpricing Your Property Can Be a Mistake
When you first list a property, there’s a crucial window—typically the first few months—where you’ll see the highest level of interest. During this time, the listing feels fresh and exciting, attracting potential buyers. However, overpricing your property can cause you to miss out on this valuable marketing opportunity.
If the price is eventually dropped after this key period, interest tends to slow, and potential buyers may start questioning why the price was lowered. This could lead to doubts about the property itself. By this point, the initial buzz has faded, and the window for effective marketing is closed.
The lesson? Setting the right price from the start is essential for maximizing exposure and interest. If you need advice or want to discuss your commercial real estate needs, feel free to reach out!
Emma McDaniel
864-580-1131
emma@mcdanielandco.com