Selling Your Home Takes Hard Work
Pricing Increments……When potential Buyers walk into an Agent’s office and ask to see homes, they don’t usually ask to see homes listed at $249,700. They usually ask for a range. Like Homes between 225k and 255K. Most likely a Buyer’s Agent will search in 5K and 10k increments. Because of this, always consider pricing your home in ranges where it will drive the largest exposure to potential Buyers. For an example;
Asking price of $249,900 would get you the same exposure as 247,700, but dropping your price to 244,900 would widen the scope of inventory in your market therefore giving you a wider range of exposure.
More helpful hints to pricing your home to follow……. Check back!
Pricing Increments……When potential Buyers walk into an Agent’s office and ask to see homes, they don’t usually ask to see homes listed at $249,700. They usually ask for a range. Like Homes between 225k and 255K. Most likely a Buyer’s Agent will search in 5K and 10k increments. Because of this, always consider pricing your home in ranges where it will drive the largest exposure to potential Buyers. For an example;
Asking price of $249,900 would get you the same exposure as 247,700, but dropping your price to 244,900 would widen the scope of inventory in your market therefore giving you a wider range of exposure.
More helpful hints to pricing your home to follow……. Check back!
Thanks for the great advice. I loved reading your first blog...congratulations! What you wrote is so true.
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