Real Estate Tip of the day : When considering a price point with your agent when it comes time to sell, you can pretty much price it low, price it right , maybe price it a little high and you'll be safe in this hot market. Your agent should know the local market and how to work the offers in getting you the best price by leveraging them without loosing any of them and getting the best offer, price and terms. The only thing you don't want to do no matter what is way over price your home as you will have escrow fall outs, buyers with buyers remorse, listing will become stale and you and your agent will eat crow chasing buyers down and doing price reductions. The agent will be frustrated and so will you. If you decide to put your home on the market, price it right, price to sell. If your 100% money motivated and expect to find a sucker out there thinking you have a gold mine instead of a house your setting yourself and your agent up for a frustrating experience. I will note though however a good confident agent will not take a listing with a seller that has an unreasonable price expectation and the agent that will I would consider what kind of agent your hiring, however sometimes an agent will do whatever you want just to get the deal in hopes to do what it takes later to sell it, however that is a conversation that should be had upfront with the client and agent to avoid a complicated relationship down the road when the home isn't selling.
This home has been on the market for about 10 months with numerous price reductions and escrow fall outs. Although I don't know the exact details it doesn't matter, 10 months for a home to sell in this market indicates a huge red flag to any buyer or buyers agent. Sellers: when you go to sell, price your home right, price to sell or wait until a later time. Also hire a good local agent do your homework look for agents online reviews, how long they have been in the business and dont be afraid to ask for references of "current" clients and how many listings or buyers they are working with today in the local market your about to enter. Good luck happy buying and selling from Steve!