Catherine Nesset's Real Estate News

When selling a house, clients were apt to believe their homes were worth more than Realtors' recommended listing price 69 percent of the time. Some 35 percent had a price in mind that was 10 to 20 percent greater than the Realtor's recommendation, and 10 percent were convinced their home was worth 21 percent or more than the Realtor's recommended listing price.

Buyers, on the other hand, thought homes for sale were overpriced 63 percent of the time, Realtors reported. About 30 percent thought homes were overpriced by 10-20 percent. Only 17 percent thought homes were underpriced, while 19 percent of buyers saw homes as fairly priced, Realtors reported.

Homegain Survey May 6-11