The first few weeks your Jacksonville Fl beach real estate is listed are the most active. If you set a price that is too high, when you have to drop your asking price, your house is old news. This in turn, could leave your house on the market much longer. There are cases when you will successfully sell your home at an above market price, but your buyer will still need a mortgage.

As part of the loan approval, lenders Northeast Florida require an appraisal. If comparable sales for the previous six months and current market conditions do not back the price, the deal could fall apart. The longer your house has been sitting on the market, the more difficult it is to get a decent offer. Potential buyers may view you as desperate, and make a lower offer. Overpricing could cost your money, so it is beneficial to get a comparable price to begin with.