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We are coming into a slower time of the year to sale a home and so I would wait till the first of the year to list it if you are trying to get top dollar for the home. There will be more buyers in the market at that time and will give you some time to let the market come up to where you would like to be on the sales price.
You can list your house for whatever price you want, the question is what does listing your home for above market value do? In the previous years since 2006, it would sit on the market longer, frustrate you as a homeowner and usually end up selling for less than it is worth. That being said, we are not in the declining market anymore, so in an ascending market try to price at market value to sale quicker, overpricing too much will still result in the home not selling or just sitting on the market. Most buyers pay attention when writing an offer on how long the home has been sitting. They also might not even look at a home that has been on the market too long thinking something is wrong with it. I hope that helps.
Pricing too high can be a double edged sword. If you find that one buyer who really must have it, then it will work out. Otherwise, pricing a house outside of what the surrounding market will support usually limits the exposure of the house, thus leading to potentially lower priced. The market will ultimately set your price and a good Realtor will take current market dynamics, house, features, location, and everything into account when providing you advice on the sale price.At the end of the day, it's up to the seller how to price it. Your Realtor will be prepared to navigate you through it no matter what you decide.
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