By pricing your property at market value, you expose it to a much greater percentage of prospective buyers.
This increases your chances for a sale while ensuring a final sale price that properly reflects the market value of your home.
Activity vs. Timing
A property attracts the most attention, excitement and interest from the real estate community and potential buyers when it is first listed on the market.
Improper pricing at the time of initial listing misses out on this peak interest period and may result in your property languishing on the market.
The Effect of Overpricing
Improper pricing may lead to a below market value sale price, or even worse, no sale at all.
Your home has the highest chances for a fruitful sale when it is new on the market and the price is reasonably established