2022 Blog - Real Estate, Home Buying, Local Louisville, Selling YOUR HOme, Selling Your Home In A Crazy Market, Southend Proud, Uncategorized

How sellers can leverage *The Endowment Effect* In a Competitive Market

How sellers can leverage *The Endowment Effect* In a Competitive Market In psychology & behavioral economics, the Endowment Effect describes how people tend to value items that they own more highly than they would if they did not belong to them. This explains why some listings are overpriced or why a seller thinks the hard… Continue reading How sellers can leverage *The Endowment Effect* In a Competitive Market