When a listed home is overpriced (priced above market value), it could limit buyers either looking at your property or preparing an offer and could have a negative effect on your home selling.
If a home is priced below market value, buyers may attribute this to your property being sold under duress or believe that there is something wrong with the home. Pricing your home under market value could also have a negative effect on your home selling.
Proper pricing captures the interest of the market place during the first 1.5 to 4 weeks. Traditionally this timeframe is when your home will have the most amount of interest from buyers.<