Correct, and doing this makes no sense to me. It's super-important to price a property correctly from the get-go. Every day it sits on the market, it's another day older. Every day it sits on the market, other properties come on the market, capturing the attention of buyers and agents. Time is valuable for everyone, and that includes real estate agents. They do not want to waste their valuable time on a property that has little chance of selling due to unrealistic pricing and an unrealistic seller. When we do our pricing, we have a minimum profit in mind and start with that, then add some optimistic extra profit and some wiggle room. We welcome feedback from good agents to make sure we are in the ballpark and our pricing is realistic for our product. The 'our product' part of that last sentence is important, by the way. We would rather get a quick sale, even though we may be leaving some money on the table, rather than have a property sit on the market for months or even years, waiting to maybe get that extra dollar. As long as we achieve our minimum profit, we are happy.