The value of your property is determined by what a buyer is willing to pay and a seller is willing to accept in today’s market. Buyers make their pricing decision based on comparatively shopping the features and benefits of all the properties SOLD in your area as well as properties CURRENTLY for sale. Historically, and often, your first offer is usually your best.
Many home sellers FAIL to sell their homes when letting factors other than market value influence a successful pricing strategy
In order to compete in the market your pricing needs to be competitive. The buying market has a short attention span. Pricing your home right the first time is KEY. An accurate pricing strategy is essential to best protect your equity and net the most amount of money possible from the sale of your home. An overpriced house will not sell.