New Member - Introduction and thanks!

[tomh009]

while realtors may be pricing their homes more aggressively to get their commissions more quickly.

This. Several agents suggested pricing our house 20% below what we finally got. No one came close to suggesting the proper list price. However I'd tracked real estate prices in the area and I knew they were low-balling the price and we sent them packing.

While it may seem at first that agents want to maximize the listing price (they are paid as a % of selling price), actually they usually want a low selling price as they want to minimize the time required to sell.  That said, a high asking price will tent to increase the length of time the house is on the market, so need to balance the time vs money equation when deciding the selling price.