So, your home is on the market, you’ve decluttered, the sink is sparkling, and you’re patiently waiting for potential buyers to come and view your property. A few people arrange appointments, but no one seems interested; it’s been weeks. Have you been hit by the curse of an overvaluation?
Overpriced properties can sit on the market for months. Viewings become as rare as sighting the Loch Ness Monster; the agent’s gone quiet and your hopes of moving are slowly slipping away.
In this quick read, we look at why an overvaluation can be disastrous and how to avoid this costly mistake.
