This is part five of a five part series on pricing your home and pitfalls to avoid.
Knowing when the price is too high
Once your home is on the market you will start accumulating another set of data based on buyer and agent feedback.
If you have no showings, you are probably well overpriced. If you have lots of showings and no offers, your house has been marketed well, but is still overpriced.
With few exceptions, it always comes down to price. What price is a buyer willing to overlook a particular location, dated features or other aspect of your house? Answer that question, and you will have hit the sweet spot.