Anyone who has bought or sold a home is familiar with the Seller Property Disclosure Statement form. The form is designed to guide sellers in disclosing to prospective buyers known property defects. The form, a detailed checklist, gives the impression that Georgia law imposes a high seller disclosure standard. The disclosure standard is actually very limited; in fact, the law places a high degree of responsibility on the buyer to inspect the home.
Over-pricing a home in the electronic marketplace is like putting underwear in the jeans drawer. Someone looking for undies won’t find them. Someone looking for jeans will see the undies and and wonder why they are in the jeans drawer. For qualified buyers to find your home, it needs to be in the right price drawer.