When it comes to pricing your home lots of zeros are better than all those nines of yesterday. It is time to throw out the old school psychology of listing a $2,000,000 house for $1,999,999. Why? Today's home buyers begin their search online and every search site has a space to type in the desired price range. If a prospective buyer's price point is $2,000,000 to $2,500,000 a seller may miss a $2,000,000 buyer by $1.00. Yes, I know, that is an extreme example but it is a real possibility.
Buyers rarely search below their target price range. Sure, a few do, but most will not. If a buyer's comfort level is $700,000 to $750,000, those are the numbers he enters in his home search. A buyer's first point of contact with your home will most likely be online (over 90% begin their search on the web) or via listings sent to him by his agent. Pricing still has a psychological ploy to play in generating maximum number of eyeballs on a property.
Be an early adopter ( An early adopter is a person who embraces new technology before most other people do.) and embrace the "goose egg" approach to pricing a property.
It is time to lose the nines and love the zeros when it comes to pricing your house.
(310) 493-8333 / Office Phone: (310) 831-0800
PalosVerdesLifestyle - Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.
South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
Find Norma on: Facebook - Twitter - LinkedIn - Email Norma
Homes In Palos Verdes - Palos Verdes Agent Home
Palos Verdes Horse Property - Palos Verdes Property Blog
Needles River Front Land - Homes with Views in Palos Verdes
Palos Verdes Coastal Homes - Palos Verdes Homes
Palos Verdes Photography - Palos Verdes Videos
Palos Verdes Luxury Homes - Beach Cities Homes
No comments:
Post a Comment