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Showing posts with label for sale. Show all posts
Showing posts with label for sale. Show all posts
Wednesday, May 7, 2014
Friday, January 30, 2009
Value Range Pricing
January's Real Estate Corner Question:
Q. I’m looking for a larger house and will be selling my current home. I keep seeing “Value-Range Pricing.” I’m confused. What is Value-Range Pricing, and what should I know about it?
A. Value-Range Pricing is a relatively new pricing strategy that is popular in some parts of the country. Typically, most houses are sold when the seller lists their home with a fixed price based on an analysis of similar properties in the area.
Some real estate agents now use Value-Range Pricing as a marketing strategy when selling a home. Instead of a fixed price, a house is listed within a particular price range. For example, a range price of $260,000 to $290,000 would bring in more potential buyers (and potentially more offers) than a fixed price listing.
There are additional terms that can be negotiated beyond the price: closing dates, costs, home warranties, or title insurance. One word of caution: homes that are Value-Range Priced don’t necessarily sell more quickly, or at a higher price, than fixed priced homes.
If you are buying or selling a home and need competent and caring representation, please call me at 816-875-1661!
Q. I’m looking for a larger house and will be selling my current home. I keep seeing “Value-Range Pricing.” I’m confused. What is Value-Range Pricing, and what should I know about it?
A. Value-Range Pricing is a relatively new pricing strategy that is popular in some parts of the country. Typically, most houses are sold when the seller lists their home with a fixed price based on an analysis of similar properties in the area.
Some real estate agents now use Value-Range Pricing as a marketing strategy when selling a home. Instead of a fixed price, a house is listed within a particular price range. For example, a range price of $260,000 to $290,000 would bring in more potential buyers (and potentially more offers) than a fixed price listing.
There are additional terms that can be negotiated beyond the price: closing dates, costs, home warranties, or title insurance. One word of caution: homes that are Value-Range Priced don’t necessarily sell more quickly, or at a higher price, than fixed priced homes.
If you are buying or selling a home and need competent and caring representation, please call me at 816-875-1661!
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