<prompt> Human: We are selling our first home to upgrade to another one. After looking at my market, I feel like I could put around 419k but it might be a bit of an overreach. So Im hesitating to just start at 399k which I think will be somewhat easy to sell. Would it be bad to start at the higher price point and then just drop it after a month if it doesnt sale? Would it be seen like my house must have problems since its been listed for a while, scaring off potential buyers? Or people just gonna use the price drop against me in negotiation even more since it make me look like someone who want to sell fast?  <response>: Think also about psychological points when looking at pricing; theres a reason why many products are priced at 9.99 or 9.95 instead of 10 or 99 instead of 100. If in your location, 400K is a pyschological break point it is in mine - youll find many people dont offer because its seen as in the 400s versus 399 being seen as in the 300s.Id have been less concerned if you had the difference as 379 vs 399 - same 20K, but both within the same band. 