Nothing is more important in the sale of your home than pricing it right. Your asking price sends a message to potential buyers, especially in today’s market.
If the home is priced too high, you run the risk of deterring buyers. As the home sits on the market at a time when most are selling quickly, it is natural for buyers to tour a home wondering what is wrong with it and looking for problems rather than what is right about the home. But nothing was wrong with it,
it was just priced too high. This can then lead to a price drop, which is another negative signal to the buyer.

If your home is priced too low, you may leave money on the table or discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with the home. However, this is still better than overpricing as an underpriced home should still receive multiple offers pushing the price back up. To avoid either headache, price it right from the start. Balance the value of homes in your neighborhood, current market trends, buyer demand, the condition of your house, and more to find the right price. This helps lead to stronger offers and a greater likelihood your house will sell quickly, avoiding the dreaded price reduction.