There are 3 ways of pricing your home.
1) Overpricing it and hoping a buyer will hit that number. You get small to no traffic coming through, which leads to no offer, then you reduce the price days later and chase the market.
2) Pricing it where the market is. You get the healthy buyers traffic, and may be you would end up selling it above the asking price with the multiple interests and potentially multiple offers.
3) Pricing it under the market value. You get a whole lot of traffic and if the house justifies the higher market value, you would very likely end up with multiple offers and select a strong winning offer.
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