The concept of selling a house is the same as anything else that sells at market value.
It is worth what the market says.
For example, suppose you want to sell something on eBay that you think is worth $50. So you list the item for $50 and over the next 7 to 10 days, interested parties will bid. Maybe two will bid, or more. In the end, the highest bidder will win and 
that’s what the marketplace says your item is worth. If nobody bids, you’ve probably priced it too high.
that’s what the marketplace says your item is worth. If nobody bids, you’ve probably priced it too high.The same idea applies to your home, although it’s not a bidding process, per se.
You list it for what you and your realtor thinks is the “right” price to stimulate interest. The idea is to generate one offer, or more…just like eBayers want to generate one bid, or more.
What’s the right price?
Every case is different. Every potential buyer is different. Every home is different. Every neighbourhood is different. That’s when you need somebody like Jennifer, to analyze all the elements that go into selling property (such as the right time to sell), to assess the value of homes in your neighbourhood, and to help you determine what the right price is to stimulate interest in your home.
Once your home is listed, the market will tell you if the price is right.