Overpriced and Begging

Yes, Virginia (and PA and CA and everywhere else in America) there are overpriced homes listed.

Because of over-silly homeowners, desperate-for-a-listing agents and just plain stupidity, many homes that are listed have prices set for a house that is so high above reality, you, a potential buyer are turned off.

So, let's look at the psychology. The Sellers think since they installed special wallpaper made by 6'7" monks in a Portuguese monastery during the late 20th century that has a special lime color makes their home precious and overly desirable. Huh?

How about the real estate agent that bases their business on only showing sellers the top comparable from 2006 that show a sale price slightly higher, maybe by 40%, in order to get the listing.

Now, what do you do? Usually you say to yourself, "I'm not going to look at that place, it's overpriced."

Overpriced? Of course it is. But, it's LISTED at a higher price. It did not sell yet. No one has signed a contract to buy it.

So, if you want that house, get your non-dual agency real estate agent and let them do their thing. NEGOTIATE! That's what they do.

The old adage that you will insult the seller is not real anymore. All you are doing with a low first offer is setting a tone that the sale price they are asking is ridiculous and that they need a good slap in the face.

The listing agent needs to then help their sellers understand reality and get into a serious negotiation.

Hopefully, the sellers have motive and common sense. If not, you'll buy another home that is similar and then help another buyer get that home for less. Hey, a Two For!