Boise Real Estate Price Points Are Important
How you price your home is critically important.
Why?
Because buyers and their agents search MLS in predictable ways.
For example, if a buyer wants to spend $275,000 for a home, they will usually search MLS between $250,000 and $300,000.
The typical $275,000 buyer probably will NOT search in the $300,000 to $325,000 range unless they’re a bargain-hunter looking to snag a deal on a listing that’s overpriced.
Fact is, most buyers will ignore overpriced listings in our current market.
Which is why it makes no sense whatsoever to price your $295,000 home at $305,000.
Doing so will ensure that your home will be overlooked by nearly all of the serious buyers searching in their price range.
It is critically-important to avoid pricing your home barely over one of those HUGE $100,000 price points.
In this market, accurate pricing is mandatory if you want to sell.
June 14th, 2008 Posted in Seller Stuff
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