There are three steps to setting a price for your home. First, take a hard look at the recent sales in your neighborhood. Choose the three homes most like yours. Next, go and visit all the homes for sale in your neighborhood, paying particular attention to those with a sale pending. Your agent will help you do this.
Buyers pay a premium for homes in great condition.
Read our article, Getting Your Home Ready to Sell , for hints on how to do this. Nevertheless, this technique works because it draws the agents and their clients like moths to a candle. The result usually is a number of people who want your home, multiple offers, and a sales price more than it should be. They saw it at the open house for brokers, and noted the excitement of the agents as they scrambled to call their buyers. Price it a little under the market.