When your home sells faster, you save carrying costs, mortgage payments, other ownership costs and is less stess on your family.
If you moved before, you know the energy it takes to prepare for showing: keep the home clean, make child-care arrangements and alter your lifestyle. Propery pricing reduces this.
At market value, you open your home up to more people who can afford the price.
Ad calls and sign calls to Realtors turn into showings and sales when price is not a deterrent.
When Realtors are excited about a home and its price, they make special offers to contact all their potential buyers.
When a home is priced right, buyers are less likely to come in with a low offer in fear of losing a good home.
If a home is priced right, the excitement of the market produces higher sale prices. You benefit more, both in terms of actual sale price and in less carrying costs.