Research Compara ble Sales (Co mp s) - Review 3-5 similar homes recently sold in yo ur a rea. Get a Professional C MA - Ask your agent for a Comparative Market Analysis with data-backed insights. Understa nd Buyer Psychol ogy - Know that buyers skip overpriced listings - even if you plan to "n egotiate dow n." A void Emotional Pricing - Set price based on value and market-not personal atta ch ment or investment. Factor in T ime on Market - Listings that sit too long raise red flags and invite lowball of fers. Consider Appraisal Risks - An overpriced home may not appraise, jeopardizing financing. Analyze Local Market T rends - Is it a buyer's or seller's market? Adjust your strategy accordingly . Review Price Every 2-3 W eeks - If you're not seeing interest, consider a timely price a djustment. Leverage Strategic Pricing T actics - Round strategically (e.g. $999K vs. $1M) to target buye r s earch brackets. Partner with a Local Expert - W ork with a Brooklyn-based agent (like Peter Mancini!) who knows how to price right from Day 1.