Your Home Pricing your property realistically is one of the most important jobs for you and your Realtor.
Many people think that pricing a home higher than other homes in the neighborhood makes good sense.
They rationalize that their house is worth more because of the custom items built into the home. Or they feel that they will negotiate downwards and therefore a higher initial price will result in a higher net. Sometimes a real estate agent will inflate the price of the home to get the listing and later ask for a price reduction. It is to your benefit to understand just how the asking price of your home is determined, and you, the Seller, should participate in the process. The first few weeks which your house is on the market are critical weeks.