...Or are you having delusions of grandeur?
Dealing with alot of buyer and alot of sellers, I always come in contact with one or BOTH of the parties feeling like they are being taken advantage of. The sellers think that they are GIVING their house away and the buyers ALWAYS feel like they are over paying and are being 
robbed. This is a difficult task for me to assure both parties that they are in the fair market.
Sometimes, sellers will look to me for a price. That "magic number" that I got from the genie and a guarantee that I will sell for THAT amount. Which admittingly, I can't guarantee anything other than we will all have to pay our taxes and that one day everyone will take their final breath.
Today, I was reading an article in The New York Times, about pricing a home and that it is sometimes more than just guessitmating. There are reasons why I would list a property at $999,999 as opposed to 1 million. There is also a reason why I don't do odd ball pricing - like, $763,825 and clearly there is a reason why I would price adjust quickly into the listing agreement.
When a seller tells me at a listing appointment "well, lets just START here, we can always adjust later", I have to explain to them that listing a property $60,000 over what the home is valued, is not going to bring in any buyers and could quite possibly cost you, YOUR buyer.
"Sellers who think that buyers will simply show up and make their best offer do not understand how the market works. “The challenge is getting buyers to see it in the first place..." (NyTimes.com)
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