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• Fewer buyers are attracted,
and fewer offers received.
• Marketing time is prolonged,
and initial marketing
momentum is lost.
• The property attracts
"lookers" and
helps competing houses
look better by comparison.
• If a property does sell above
true market value, it may not
appraise well, and the buyers
may not be able to secure a loan.
• The property may eventually
sell below market value!
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