While there have been volumes written about pricing a seller's home and while none of the pricing tips presented in these blog posts are new or earth shattering, it is important to restate the obvious. Although real estate agents know this information intuitively, sellers don't often realize the facts and need to be informed so they don't make false assumptions and do make an informed and factual decisions.
Tip #1: The price you "want" or "need" for your home is irrelevant.
Whether you took out 100% financing and need to break even in order to close on your home or you purchased another home and need to net a certain amount to break even or you want to purchase a specific home and need to net a certain amount to make the purchase happen, the ultimate sales price of your current home is determined by a buyer. It is important to remember that you are in control of price and condition from the start and the more appealing and competively priced your home is, the better chance you have of achieving your goal.