In this market, buyers aren't going to select a home based on its possibilities. Instead, says realtor Damon Nicholas, "they'll choose what they want to live in now."
The Leochas have listed their home as a four-bedroom, but the house technically has only three - the fourth bedroom, in the basement, isn't a legal bedroom because it doesn't have a closet.
Moreover, the design isn't as family-friendly as four bedrooms above ground, and most people want to use a basement as a rec room.
Jeannie believes that a buyer who really wants a fourth bedroom on the top floor could convert the giant master suite into two rooms.
But Candace Moe, a realtor and co-owner of Staged Homes of Virginia, thinks prospective buyers may feel misled once they see the house.
The advice: Change the listing to a three-bedroom with a finished basement, and turn the downstairs space into the study (see photo).
It is gut-check time in Miami and Las Vegas. Plus: See the few bright spots, the most expensive areas – and the most vulnerable. (more) 
