Your mother always told you not to read straight from your notes when giving a speech, because it makes people fall asleep. She also told you not to fill your blogging with dull stats and boring quotes, because it will make your audience hate you. My apologies to your mother and you, because this is a combo stat / quote post.

“About 76 percent of home owners believe their home is worth more than their agent’s recommended listing price...”

“On the other hand, 68 percent of home buyers say homes are overpriced”

Source- Daily Real Estate News | Wednesday, December 07, 2011

This reminds me of the statistic you've heard where the majority of people think they are "above average" drivers.  Likewise, it's now a fact that 3 out of 4 people believe they know more about real estate values than the professionals they hire.  "Sorry dear Realtor, but 75% of the population says you just don't know what you're talking about."   Or, if quoted at a Realtor convention, “Way to go Realtors, looks like we're doing a great job of earning our clients' confidence, ¼ of our them at a time!”

This shows how a lot of the battle in selling a home can occur before the home is even listed.  It's a testament to the importance of proper data gathering and fact presentation. 

As an aside, here's another statistic the article left out:  All 3 of those 3 clients are "above average" drivers.