A lot of home sellers, particularly those who opt to sell their property without the aid of real estate agents, make the mistake of setting the sale price too high. Home sellers do this because of two probable reasons: they expect home buyers to negotiate and offer to purchase the unit at a lower price; or they simply want to earn more.

It is very important that you set the right price for your property. If you put a very high price tag, your house would take longer to sell. If you decide to reduce the value to what it really is worth, by the time you do it, the excitement of potential home buyers would have waned. In addition, buyers who once looked at your property will think, once they get wind of the price reduction that you are getting desperate and are eager to sell.

In case you find a buyer who is willing to purchase your property at your initial asking price, don