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Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Depends how overpriced...  Now that the market is in a downturn, I probably wouldn't.  If there is a chance, and the home is in excellent condition with a great location, I would take a chance with it, but only with assurances from the seller that we could and could re-evaluate the price and market in 30 days.  

Jan 10, 2023 06:42 PM
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

Not if I can help it.

But for the last 2-3 years…what’s an overpriced listing…

Jan 10, 2023 06:28 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Once in a great, great while.  But as a general rule, no, absolutely not.

Jan 10, 2023 06:17 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I have Charles Ross but only with the agreement that after two weeks we drop it to what I suggested based on reasonable comps. Some agreed some didn't but I held my ground.

Jan 10, 2023 07:03 PM
Anna Banana Kruchten Phoenix Broker
HomeSmart Real Estate - Phoenix, AZ

No.  If the seller is unrealistic I offer them well wishes and move on.  Call me in 6 months if that doesn't work out for you.

Jan 10, 2023 07:42 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Rarely, and if I do then I charge a retainer and most people aren't willing to pay a retainer so it solves the issue for me, haha.

Jan 11, 2023 03:34 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It depends on the situation and what's going on in the market.

Jan 10, 2023 09:24 PM
Patricia Feager, MBA, CRS, GRI,MRP
Selling Homes Changing Lives

Charles Ross - it depends how cooperative and reasonable the sellers are. I begin with a consultation and a plan, very comprehensive plan with end results with timelines; including calls for action. I haven't  had any complaints and most will end up listing and pricing it right from the start. Getting off to a good start and making clients happy, with a lot of listening on both parts is most effective

Jan 11, 2023 03:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Generally, no. To some degree it depends on how much overpriced and the price point of the home. 

Jan 11, 2023 04:23 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

How do you define over priced? 

We sell a lot of listings that expired for other agents at the same price or higher than they weren't selling for before.

Sometimes an overpriced listing is overpriced, sometimes it is simply under marketed.


Jan 11, 2023 03:52 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Oh, you bet I will take an overpriced listing and the additional price they have to pay is hearing my non-negotiable lecture on the subject matter followed by an agreement that says after we try it your way, we try it my way. It's all this or no deal NOTE: Any type of attitude kills the whole deal

Jan 11, 2023 06:31 AM
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Certainly try not to... Sometimes the market surprises us though so, if it's within reason, I'll certainly give it a try. 

Jan 11, 2023 05:02 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Charles Ross it depends on the listing. I am aware of some agents take overpriced listing and hoping the seller will accept lower priced offer.

Jan 10, 2023 08:20 PM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

In this shifting market since June 2022, I offer sellers options with terms.  They get to select, and I get to price improve within 7 days.  Otherwise, no why let the property sit on the market with no activity.  It does not serve either party

Jan 11, 2023 06:35 AM
Peter Mohylsky
PMI. Destin - Miramar Beach, FL

I need to believe that the owner really want to sell the property.  If not. No. Not if they won’t work with me.

Jan 11, 2023 06:26 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

What part of "NO" don't you understand?

Jan 11, 2023 04:17 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

It depends on so many factors. 

Generally speaking, if the seller is hell-bent on X price and will not sell unless they get that price, the market does not support that price, or anywhere near that price, and the home is not so incredibly special that any reasonable person would believe any buyer would pay that price, then hell no. 

Jan 11, 2023 08:32 AM
Charles Ross - (785)-819-6944
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

I try to stay away from these types of listings. I have taken some if the seller is willing to try my way after we have tried their way. They can always find an agent to accept it through my observation, just not me.

Jan 11, 2023 07:37 AM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Intention is to get the most money possible for our clients**. 

Sometimes that entails going a bit over market and seeing what happens.
If nothing happens, making corrections.
I've been known to provision in our listing agreement that 
"Seller is going against Broker's advice and pricing over current market."
"Seller agrees that Broker will adjust price to X in X days without further authorization, should no accepted offer be obtained by X date."
I've had price adjustments be X, then X, then X incrementally.
More problematic for me are uncooperative sellers who refuse to clean clear repair their property to market. 
You cannot have it both ways. Your property is discounted for condition, or priced to meet the market. 

**Also a problem are sellers who think they can overprice and also sell the fastest. I can do magic but not miracles.

In my CRE market, the $$ folks will pay for certain areas and property types defy 'comps' and when agents tell me 'there are no comps to support that price' I ask if they are using cost, market, income or hoodoo.

Jan 11, 2023 07:29 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It depends.  Last year, my seller started very high (Z said it was worth more), but after a month with no showings, they dropped it and it sold.   Depends on the client, the house and the price.

Jan 11, 2023 06:06 AM
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

What do you mean by overpriced?  Are we talking overpriced by $10,000 or $100,000 or $1,000,000.  There's a big difference.  And that would change my (and perhaps everyone else's) answer.

Jan 11, 2023 05:11 AM
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

Depends on the market... a year ago there was almost no such thing.

Jan 11, 2023 07:18 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Now in a Shifting Market would not be a good time . Get a hefty non refundable Retain if you do

Jan 12, 2023 07:14 AM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Yes I do and in most cases it's my fault.  I always try to get my clients top dollar and don't ever want them to get less than they deserve.  This has been my biggest problem as a listing agent throughout my career.

Jan 11, 2023 10:23 AM
Andrew Mooers | 207.532.6573
Northern Maine Real Estate-Aroostook County Broker

You are the local expert that sets the expectations. If you take a way over priced property, it reflects poorly on you and the sell is tied up for 6 moths, a year and another agent comes in, tells them over priced and does a better job marketing for a sale. You work for a living right Charles Ross ? You don't "kinda" list places and you do care if it sells or not if you have bills to pay and want to create sale after sale.

Jan 11, 2023 06:52 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No, it is not beneficial to either party. Sometimes the seller insists & then there is the 10 day price reduction if an offer doesn't show up.

Jan 11, 2023 06:30 AM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

I am putting up a new listing this week. I recommended the sellers list higher than I would typically suggest. Why? There is nothing on the market comparable and only 2 apartments that are larger but at the next price point.  It's all relevant. But that said, if the inventory levels change- we will re-evaluate our price. 

Generally speaking, I don't like taking listings where the price doesn't seem realistic. 

Jan 16, 2023 02:42 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Depends on the seller for me. Some high end listings can require $$$ upfront cost of marketing or the house is ''not sellable as is for that price~ ever!"~ think : the seller wants to do NO efforts ( imagine permanently closed windows,  terrible lighting, outdated messy house with very limited showings at their terms, attitude ''I like it and the right buyer will fall in love with it and pay a full price, etc.) ~ that is a very time consuming home with close to zero chance to sell. 

If the seller wants to start a bit higher( based on stronger comps), yet willing to negotiate or reduce if not sell by <date> ~ yes, sure. 


''You cannot approach people who think differently with reason and logic if they don't know what that means. First, you have to appeal to their values to start with. If you attack them, you lose them. ~ J. Fresco

Jan 14, 2023 01:53 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast




Jan 11, 2023 07:31 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

In some cases I would: close to home; former client; good marketing opportunity; vacant; lack of inventory... factors like that.  An overpriced listing is better than not having any listings at all, because it can lead to more business.

Jan 11, 2023 06:14 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Depends, how much over priced?  How's the market ... are prices trending up or down or flat?

Jan 11, 2023 02:57 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Charles Ross  With a years-long listing contract and I do let the seller know we are testing the market. I also inform in writing what other homes in the area are selling for 

Jan 11, 2023 02:02 PM
Roy Kelley
Retired - Gaithersburg, MD

One of the benefits of retirement is that I no longer need to worry about overpriced properties.

Jan 11, 2023 12:08 PM
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Rarely. When overpriced listings don't sell, who do they blame? It's usually not the market but the agent. I really hate to lose clients over this but if it is grossly overpriced or they're not open to your advice from the beginning then you're getting off on the wrong foot.

Jan 11, 2023 09:51 AM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

It depends. If they agree to scheduled price drops of an agreed upon amount, they can work out. Usually just takes longer amount of days on market.

Jan 11, 2023 09:38 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Learn a long time ago, you need to walk away from some over price listings.

Jan 11, 2023 09:14 AM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

For the most part my answer is no.  I give a thorough market analysis and most of the time my seller's are cooperative.  There are a few exceptions -- like no comps to really pin-point a proper price ... so I will be willing to go for it but with the condition that if nothing happens within the first week, we lower the price.

Jan 11, 2023 08:42 AM