There are several things to think about when pricing your home. We all know the most important like current market activity, but what about search ability? Typically, searches auto-populate the price ranges we can choose from. Meaning we, agents and buyers, search in increments of 25-50,000. Usually when someone's price range is 300-350,000 we all search up to say 360,000. I dont think anyone ever thinks to search down by 5,000 or 10,000. So if you list you home at 299,000 you are potentially cutting out A LOT of buyers that are search at 300,000 and above. Don't miss out on potential buyers and make sure your price is optimizing the number of searchers out there!
You make some good points, but you also have to look at the other side of the spectrum. If you list a home at say $305,000, you will be towards the lowest price of homes between an interval of say $300,000-$350,000. You say you miss all the buyers from $250,000-$299,999, but if you listed at say $299,000, you would miss all the buyers from $300,00-$350,000. So it goes both ways.
aztrojans12 1 year ago
Hard numbers for short
whowood1 2 years ago
I'm SO proud of you for at least taking HALF of the video to PARK your car.
I agree with what you've said. That marketing gimic might work for the "ShamWow" and other "As Seen on TV" ads; but, not for real estate.
DJTurtleDOTcom 2 years ago