(NC) – How does a seller know whether their house is listed too high? Of course, a good salesperson will let you know. But sometimes your salesperson may be hesitant to tell you. Here’s what to watch for:

The most obvious indication is when there’s no action on your house, either calls, showings or offers.

However, there’s another situation which may indicate that your house is overpriced. This happens when salespeople of other companies show your house to potential buyers on a frequent basis, yet no offers are ever received.

Why should these salespeople be so anxious to show off your home again and again if no offers result? Well, the answer is really quite simple. They probably have their own listings of similar houses that are listed a s t aprice below yours. After showing your house they then take the buyers through their listings which is priced much more reasonably. In comparison to your house their listing looks like a bargain! So watch for saeslpeople who are continuously showing your property without bringing you an offer. Chances are they’re selling their listing off your house.

If you think this may be happening, ask your salesperson to show you what other listings are for sales in your neighbourhood. Compare the list prices of these properties. You, as a seller, are in competition with these listings for potential buyers. If your listing is not competitively priced, you and your salesperson can then decide on the next steps.