Article from: Realtor.com
How to price a home in a seller’s market may be a question that’s top of mind if you’re listing your home. Much of the United States right now is a seller’s market—which spells potential for major profits. Lucky you!
However: Some sellers may see this as an opportunity to set the bar high—maybe too high—when it comes to their list price. Others may decide on a lower asking price, in hopes of generating a bidding war.
So which pricing strategy works best in a seller’s market? Every approach has its pros and cons, so here’s how to determine the best one for you.