The sellers "hat" tells you that your home is way way better than the others in your price range. You know every penny that has gone into making this home a palace and want it back plus more. Going out and looking at the competition is a great exercise. Take notes. Return to your home, arrive thru the front door. Look at the value you can see, not what you know. Listen to your agent and be a seller. Switch hats, now you have the buyers cap on. Let's go shopping! You have looked online, narrowed down your options by doing a drive by. Looking above your budget is common because " this home is over-priced and I won't pay that" buyer syndrome has entered your brain. You know the value and expect sellers to accept and understand your edict. Yesterday I had a call from a long time client that fell in love with a new listing that he felt was "grossly" over priced. It was on the market 3 days. In the private remarks it states there are 3 offers, one accepted and 2 back-ups. Over asking price. My client is now convinced his home's value has gone up dramatically and wants to sell.