#RealEstateTips, #OverpricedHomes, #HomeBuyingAdvice, #HouseHunting, #HousingMarket, #BuyerStrategies, #DreamHome

Join host Susan and producer Kurt on Coffee With Real Estate for a candid, no-nonsense chat about one of the biggest pitfalls in home buying: spotting when your dream house is seriously overpriced. In this episode, we break down why sellers often list too high in hopes of maximizing profit, only to face lingering days on market, mounting holding costs (think taxes, insurance, PMI, and more), and skeptical buyers who start wondering, "What's wrong with it?"

Discover the real red flags: a price 5-10% above comparable sales with no obvious justification like premium renovations, exceptional finishes, or unbeatable location perks (cul-de-sac privacy, walkability, or adjacency to upscale areas). Susan shares pro tips on using comparables—including active listings and pending contracts—to see if the market is shifting or if it's just overpriced. Learn why rushing in with a lowball offer early gets ignored, but waiting for the first price reduction (often within two weeks!) opens the door to serious negotiations.

We also discuss the risks of waiting too long, the hidden history behind repeated listings or delistings, and how flippers chasing the market down can create opportunities for savvy buyers. Plus, a fun detour into overhauling your wardrobe for under $100 (think visible mending, dyeing, and cobbler magic)—because real estate pros need style too!

Whether you're a first-time buyer or seasoned shopper, this episode reminds you: always get a knowledgeable realtor who knows your market. Grab your coffee, tune in, and avoid overpaying on your next home!