The Real Estate Industry Uses The Value Range Pricing Essay
For the seller value range pricing can be a good, especially as the market changes and listed prices fluctuate. You may have to adjust the listing price accordingly in either direction. In a seller’s market, the listing price could be higher, and once the demand increases peaking buyers interest in your home a competition of higher price offers can happen.
The industry has a method for managing these changes and accommodating the seller by using value range pricing. Instead of listing the property at a fixed price, which is used the majority of the time and your realtor may recommend listing a pricing range for your home. Interested buyers will see the home’s price ranges posted from high to low. Value range pricing is also known as variable pricing, range pricing or value range marketing. It’s up to the seller to decide if this marketing approach works best for selling your home.
In some areas of California this method for selling homes works because it gives both sellers…