Pricing your property competitively will generate the most activity from agents and brokers. While, pricing your property too high may make it necessary to reduce to below market value, to compete with newer listings. The value of your home is determined by how much your buyer is willing to pay and the seller is willing to accept in today’s market. Buyers make their pricing decision based on comparing your property to other properties sold in your area. Historically, your 1st offer is usually your best!