Overpriced homes

Jun 4, 2012 | No Responses

When working with my buyers, I am never surprised to hear their concerns when I present them with an overpriced property. Most times, buyers will not bother when this happens.

Don’t get me wrong, I would never encourage an overpriced property, but there is always a reason why a property if over priced. It may be for reasons one can’t see on paper or pictures. Or it can be just that, an inflated number. But why not find out why?

To avoid buyers from being turned off by  an overpriced home which they would otherwise love, I will do the leg work before presenting it.

I start with Brokers Open. Here I  have the listing agent face to face excited to showcase their new listing, while pointing out every single detail about the property. If it is over priced, not only will I hear the agent justify the price, but I will also hear the other visiting agents opinions and chatter about the property while walking through it. This to me is valuable information which I can bring back to my buyers.

I recently came across a great article referring to this very common issue. Things to consider when presented with an overpriced home you like. It’s a good read!

Have a great week!

Karina Pacific

Author: Karina Pacific

Beautiful Los Angeles. From the truly stunning views of our sunsets and beaches, to the rich diversity of our communities, Karina Pacific love it all. As a life-long Los Angeles resident, Karina Pacific has always held a deep appreciation towards our city's real estate and in particular, the unique stylistic nuances found in each community. Whether you are an aspiring first time home buyer, or an entrepreneur looking for investment property, or simply dreaming of the perfect vacation home, Karina can successfully navigate buyers and sellers to achieve their ideal real estate needs. Using the latest marketing techniques and technologies, Karina will use her intimate knowledge of our individual cities to develop and create the perfect marriage of buyer and seller. Let Karina Pacific help you achieve your real estate goal and find the property of your dreams.

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