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    December 30, 2018
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oward annan Real Estate Services Mary Lobene SPENCERPORT OFFICE 85 South Union St., Spencerport, NY 14559 marylobene@howardhanna.com Lic. RE Salesperson (C) 585-734-3362 AVOID OVERPRICING PITFALLS Determining the list price for your home once you are ready to sell is no small affair. Overpricing is a common blunder committed by many an anxious seller. With so much riding on the outcome of the sale, it's a mistake easily made, but it can be a costly one. When shopping for a home, the majority of buyers consider the price first. Nothing sullies a property's image more than seeing it languish on the market because it was initially overpriced. There are many reasons sellers mistakenly overprice their homes. Inadequate information and lack of experience cause many people to misinterpret market conditions. Perhaps the owner elected to make expensive improvements with the intention of increasing the property's value, but the renovations cost more than the return on the investment Or maybe the owner purchased the house at an inflated price and is trying to compensate for overpaying. Sometimes people choose to overprice their home with the intention of bargaining later Since properties generate the most consumer interest when they first appear on the market, it is critical to rely on the expertise of a professional real estate agent, who can provide you with a compara tive market analysis and help you determine a fair and competitive price for your home. For professional real estate advice, give me a call Mary Lobene at 585-734-3362.