We know what you’re thinking: “Hey, it’s worth a shot!” But if you start with some sky-high asking price, you’ll soon come back to Earth when you realize that an overpriced home just won’t sell. While the payday might sound appealing and irresistible, you might actually be sacrificing your best marketing time in exchange for, what could be, a remote possibility that someone will overpay for your home. While certain buyers might be suckered in, this becomes far less likely because of all the information out there. If potential purchasers are smart, they will also be doing their research concerning sale prices in the area. If your home is overpriced, potential buyers will steer clear and this can lead to problems down the road (as our next myth indicates).