Of course you want to get the full market value for your home. The first step to getting the best price is to determine your home’s value. Your REALTOR® can help you set an asking price by taking the following factors into consideration:
Your home’s value may depend on recent selling prices of comparable homes in your area. After reviewing the selling prices for such homes, the price is adjusted according to current market trends.
Buyers most likely look in the price range determined by their monthly payment ability and down payment. Buyers are often very knowledgeable in their price range and purchase by comparison. Unreasonable asking prices are an immediate turn-off.