“Many real estate agents simply don’t understand how to run an accurate CMA.”
Oh so true…I cannot argue with you about that. However what you said really rings true,
“When I use a range I’m for the low end.” However most sellers are for the middle at the very least. I guess in your case if you prep your client well and tell them, “Look, if I am gonna list this range, then you cannot poo poo low end offers” then I guess that is fair.
I think again, that if you do your CMA correctly then that is great and your single price point is valid. Also even if you do your CMA correctly in a rapidly depreciating market, it may not matter… you end up chasing the market anyways.
Again, it is simply personal choice, I always recommend a single point…
