How to set a price when selling your home.

1 Look at listings in your area

2 Compare similar sold properties

3 Consider expired and withdrawn listing too

Once you've done all of your detective work and have the information that will tell you whats been going on in the market in your area for houses comparable to your own, its time to crunch the numbers.

Once you have found 3 or 4 comparable sales in your area you can then work out an average and a more realistic asking price for your home.

Now you have a good idea what your home is worth, you might want to add or take away 10% of this average to be competitive or to encourage a quick sale.

At this stage you are now ready to cross check your findings with an expert.