Some homeowners believe it’s ok to overprice their home hoping that someone will bring an "offer" that they can "negotiate" with a Buyer. If your price is perceived to be too high by the initial prospective buyers in your price range, it's likely your home will become a stale listing. Then you will find yourself relying on a few new prospects trickling into the market. Buyers today are educated! They will know how long your home has been on the market. This knowledge may turn off buyers who might start wondering if something is wrong with your home or if you are just unrealistic. If your home is on the market and is not being shown (or your feedback from prospects it is overpriced) don't hesitate to adjust your price quickly.
The best pricing strategy as a Seller is to consult a REALTOR to do a comparative market analysis to help you determine the right list price. REALTORS seek out the best comparable homes with similar floor plans, square footage, age and amenities that sold in the last few months. A REALTOR can also advise you on best ways to stage Crunching the numbers is always the better route to an accurate home price. A HOME PRICED RIGHT = SOLD!