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raptorduck.
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April 1, 2008 at 6:17 AM #12304April 1, 2008 at 6:46 AM #179112
Ex-SD
ParticipantRaptorduck: From your previous posts, you appear to be a logical, rational guy who does his research, gathers all the facts and then makes a decision based on your family’s needs (including the emotional needs of your wife). I don’t know if you’ve ever been in sales but with ANY product, pricing is paramount if you want to move it quickly. Pricing slightly under the real market value will quickly get the attention of a greater selection of qualified buyers and save you a lot of watching/waiting time that you will encounter if you price it otherwise. Every time I have ever sold a home, I used this approach and I never had a home take longer than a month to sell.
Just my two cents………………Good luck!
April 1, 2008 at 6:46 AM #179571Ex-SD
ParticipantRaptorduck: From your previous posts, you appear to be a logical, rational guy who does his research, gathers all the facts and then makes a decision based on your family’s needs (including the emotional needs of your wife). I don’t know if you’ve ever been in sales but with ANY product, pricing is paramount if you want to move it quickly. Pricing slightly under the real market value will quickly get the attention of a greater selection of qualified buyers and save you a lot of watching/waiting time that you will encounter if you price it otherwise. Every time I have ever sold a home, I used this approach and I never had a home take longer than a month to sell.
Just my two cents………………Good luck!
April 1, 2008 at 6:46 AM #179495Ex-SD
ParticipantRaptorduck: From your previous posts, you appear to be a logical, rational guy who does his research, gathers all the facts and then makes a decision based on your family’s needs (including the emotional needs of your wife). I don’t know if you’ve ever been in sales but with ANY product, pricing is paramount if you want to move it quickly. Pricing slightly under the real market value will quickly get the attention of a greater selection of qualified buyers and save you a lot of watching/waiting time that you will encounter if you price it otherwise. Every time I have ever sold a home, I used this approach and I never had a home take longer than a month to sell.
Just my two cents………………Good luck!
April 1, 2008 at 6:46 AM #179483Ex-SD
ParticipantRaptorduck: From your previous posts, you appear to be a logical, rational guy who does his research, gathers all the facts and then makes a decision based on your family’s needs (including the emotional needs of your wife). I don’t know if you’ve ever been in sales but with ANY product, pricing is paramount if you want to move it quickly. Pricing slightly under the real market value will quickly get the attention of a greater selection of qualified buyers and save you a lot of watching/waiting time that you will encounter if you price it otherwise. Every time I have ever sold a home, I used this approach and I never had a home take longer than a month to sell.
Just my two cents………………Good luck!
April 1, 2008 at 6:46 AM #179479Ex-SD
ParticipantRaptorduck: From your previous posts, you appear to be a logical, rational guy who does his research, gathers all the facts and then makes a decision based on your family’s needs (including the emotional needs of your wife). I don’t know if you’ve ever been in sales but with ANY product, pricing is paramount if you want to move it quickly. Pricing slightly under the real market value will quickly get the attention of a greater selection of qualified buyers and save you a lot of watching/waiting time that you will encounter if you price it otherwise. Every time I have ever sold a home, I used this approach and I never had a home take longer than a month to sell.
Just my two cents………………Good luck!
April 1, 2008 at 3:03 PM #179357noone
ParticipantSpeaking of emotions and pricing, did you also hear the NPR report that said that people’s perception of prices can be thrown by using exact numbers. For example $437,116 feels like a discounted price, triggering the “this must be a bargain” response. Whereas some round number like $400,000 doesn’t have that bargain feel to it and seems higher. Throw some odd digits in there, and we assume some special discount rate must have been used to get to that price.
April 1, 2008 at 3:03 PM #179723noone
ParticipantSpeaking of emotions and pricing, did you also hear the NPR report that said that people’s perception of prices can be thrown by using exact numbers. For example $437,116 feels like a discounted price, triggering the “this must be a bargain” response. Whereas some round number like $400,000 doesn’t have that bargain feel to it and seems higher. Throw some odd digits in there, and we assume some special discount rate must have been used to get to that price.
April 1, 2008 at 3:03 PM #179729noone
ParticipantSpeaking of emotions and pricing, did you also hear the NPR report that said that people’s perception of prices can be thrown by using exact numbers. For example $437,116 feels like a discounted price, triggering the “this must be a bargain” response. Whereas some round number like $400,000 doesn’t have that bargain feel to it and seems higher. Throw some odd digits in there, and we assume some special discount rate must have been used to get to that price.
April 1, 2008 at 3:03 PM #179738noone
ParticipantSpeaking of emotions and pricing, did you also hear the NPR report that said that people’s perception of prices can be thrown by using exact numbers. For example $437,116 feels like a discounted price, triggering the “this must be a bargain” response. Whereas some round number like $400,000 doesn’t have that bargain feel to it and seems higher. Throw some odd digits in there, and we assume some special discount rate must have been used to get to that price.
April 1, 2008 at 3:03 PM #179816noone
ParticipantSpeaking of emotions and pricing, did you also hear the NPR report that said that people’s perception of prices can be thrown by using exact numbers. For example $437,116 feels like a discounted price, triggering the “this must be a bargain” response. Whereas some round number like $400,000 doesn’t have that bargain feel to it and seems higher. Throw some odd digits in there, and we assume some special discount rate must have been used to get to that price.
April 1, 2008 at 3:27 PM #179372raptorduck
ParticipantI did hear that researcher describe on NPR a pricing study for various things and then included real estate. I was hoping nobody would bring it up though. 😉
April 1, 2008 at 3:27 PM #179831raptorduck
ParticipantI did hear that researcher describe on NPR a pricing study for various things and then included real estate. I was hoping nobody would bring it up though. 😉
April 1, 2008 at 3:27 PM #179739raptorduck
ParticipantI did hear that researcher describe on NPR a pricing study for various things and then included real estate. I was hoping nobody would bring it up though. 😉
April 1, 2008 at 3:27 PM #179745raptorduck
ParticipantI did hear that researcher describe on NPR a pricing study for various things and then included real estate. I was hoping nobody would bring it up though. 😉
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