Be careful not to set the price too high. When your home is first listed, it is marketed to other agents in the area who, in turn, market it to buyers. If the price is a turn-off, you won't be able to capitalize on the initial flurry of activity that surrounds a new listing.

The higher the asking price, the fewer the agents who will preview the home. If the house is listed far above its market value, they will stay away.