Another thing to know about value range pricing is that it allows this listing to appear in a wider range of MLS searches. Technically, the asking price is still $649K but having the range allows the listing to appear when a maximum $$ search range is lower. In your scenario if someone searched for units between $500K and $600K this listing would not have appeared before the range was entered. Now that the lower end of their range is below $600K, this listing would show up in that same search. The idea being if someone is searching close to $600K, they may be interested to see something at $649K.