If you want to sell your home fast, you must offer your home at the right price. The pricing rule of thumb is simple: Ask what the buyer wants to pay, not what you want to receive.
To get the highest price for your home, you must attract a lot of buyers. The only way to attract enough home buyers is to advertise your home at a low price. You must honestly evaluate the absolute least amount you'll accept and price your home at this level or less. When buyers see the phrase "or best reasonable offer," they'll understand you will take even less, if you must, in order to sell your home.
Don't allow yourself to become emotional about advertising a low price. The market will determine the fair price for every home offered for sale. Your advantage is that, unlike the conventional home selling process, you'll get more than you ask if your home is worth more than you're asking.
Even if you sell your home "cheap," you'll still put as much or more money in your pocket as you would if you sold your home at a higher price using the conventional method. You'll sell your home quickly, with a minimum of advertising and no broker's commission to pay.
Look at similar homes for sale. Is your price about 10% or less? Will every buyer who sees your ad clearly understand that you're offering the same home for substantially less money? Will every home buyer understand that this is the best deal out there?
You can't fool the market. If the market says your home is worth less than the lowest price you would possibly consider, then it is worth less than the lowest price you would possibly consider. Face it, the sooner, the better.
This may mean you can't afford to sell your home. It may mean you'll have to take less than you want. In either case, don't put yourself through an extended period of torture waiting to get more than your home is worth. It won't happen. Lower the price or get out of the market.
