The seller of a property listing in Maine who says he wants to sell, but wants five times what the place is worth.
That is not a motivated seller. Not an owner who is realistic. Does not make him a bad guy for having the common "buy low, sell high" approach to real estate buying and selling. But over priced property listings just bloat the system.
Get in the way on the MLS real estate conveyor belt.
Liked stalled traffic on a high speed multi lane highway, the agent, broker, REALTOR who takes the listing is the gate keeper.
If one by one each real estate professional got up, thanked the owner for their time but walked, life would be easier. Just say no, I can not help you. Whew.
To avoid real estate buyers who get upset when the bank appraiser says no dice. Too rich for the bank's blood on taking back a mortgage for an over priced piece of real estate collateral backing the loan. The one securing the lien made on the dirt, recorded at the registry of deeds.
Not serious to sell is the signal the seller of overpriced property listing sends. Hoping a miracle happens. Someone hits the lottery and has more dollars than brain cells comes along to make the real estate miracle happen.