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Rainer
3,060
Zach Manock
Landmark Properties - Fresno, CA
Real Estate Agent servicing Fresno, California

I'm unfamilar with variable range pricing. Will you expand on that?

Jan 06, 2017 11:07 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Once in a long while I'll see it.  Would never use it.  If you're willing to accept between 550 and 575, why not just list it at 550?  No one in their right mind is going to offer you 575.

Jan 06, 2017 10:33 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Not common in my area at all - nor would I use it - seems like it would be too easy to always get the bottom price offer

Jan 06, 2017 05:42 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Jeff,

We don't like it, it feels like an auction catalog.  A

Jan 05, 2017 09:01 PM
Rainmaker
900,128
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I know it was popular in CA for a time. It's a bit complicated and most agents don't understand it, can't explain it (so can't use it) or make buyers understand it.

Jan 05, 2017 08:41 PM
Rainmaker
599,274
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Never used it, never seen it, don't understand why it would ever be used.

Jan 05, 2017 08:40 PM
Rainmaker
151,633
Julie Larson Realtor® Sarasota FL 941-284-9826
White Sands Realty Group FL | 941-284-9826 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

I've never seen it in my market and don't really understand what the point of it would be...  

Jan 05, 2017 08:16 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

This isn't used in my area. I've only recently become familar with it, and I don't think it would go over well in my market. 

Jan 05, 2017 07:51 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  Not common in this area... I don't recall ever seeing  it.

Jan 05, 2017 06:06 PM
Ambassador
5,229,945
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I do in my listing presentation but, after our pricing conversation, the sellers arrive at a concrete number.  I know Prudential used to do that here but, I haven't seen it in years.  Do you?

The reason that I would not use it is because I remember what buyers did with it when it was posted as a variable.  ie:  Seller wants $525,000.  They list at $515,950 - $530,797 (they always listed these bizarre numbers). Buyers would inevitably offer $515,950 and have their heart set on no more than $520K.  NOT to mention, you've brought them ASKING price at that low number.  The haggling was much worse in MHO!

Jan 05, 2017 05:35 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

No as it is misleading. Most buyers see the low and offer based on that, not one buyer has ever been able to get an offer accepted base don the low. I would rather have a price than be mislead

Jan 07, 2017 05:22 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I do not use these and don't like them. It is confusing to buyers. Price the house and go from there.

Jan 06, 2017 03:28 PM
Rainmaker
4,936,605
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I alwasy give a range and tell the people that it could go as high as or if it is low price may create a bidding war.

 

Jan 06, 2017 02:16 PM
Ambassador
1,076,551
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I've seen it, but I think it just leads to confusion.  If a seller says "we're looking to get between $550K-$565K, the response of any buyer should be "Great, I'll give you $550,001"

 

 

Jan 06, 2017 12:13 PM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I remember when this was introduced and it was supposed to be a good thing.  However in our MLS system the price defaults to the higher price so it doesn't work as any benefit.  It doesn't affect how I approach making an offer on behalf of my client either.

Jan 06, 2017 09:45 AM
Rainmaker
2,781,163
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I dont like mixed messages...For sale with a price warrants a clear response

Jan 06, 2017 07:57 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Never in Florida. We have in San Diego

Jan 06, 2017 07:10 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Nope. I believe that would be a diservice to my client. 

Jan 06, 2017 07:08 AM
Rainmaker
823,579
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

I used it years ago in California occasionally, but I haven't seen it in Florida and think many agents and consumers didn't understand the concept.

Jan 06, 2017 07:03 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Jeff Dowler No. A few years back a company used this as a marketing strategy. It didn't work and died on the vine.

Jan 06, 2017 06:51 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It was rolled out years ago inn Florida by a large franchise! It went over like a lead balloon!

Jan 06, 2017 05:50 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I use straight forward pricing techniques with seller approval

Jan 06, 2017 05:36 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... way back when, when I was with Prudential they tried to "push it." I found that it confused people and never actually sold a home faster. It also confused sellers.

Jan 06, 2017 05:03 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

not here

Jan 06, 2017 04:52 AM
Ambassador
2,436,099
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

That's not a practice I've seen in my area. 

Jan 06, 2017 04:25 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Jan 06, 2017 04:16 AM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

No, I'm not familiar with this concept.

Jan 05, 2017 10:10 PM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Not familiar in my area...

Jan 05, 2017 08:35 PM
Rainmaker
7,836,129
Roy Kelley
Retired - Gaithersburg, MD

That is not a common practice in our market.

Jan 05, 2017 07:00 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Only in the listing talk and that is a very narrow spread.

Jan 05, 2017 06:08 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

No. It is not used in my jurisdiction.

Jan 05, 2017 05:57 PM
Rainmaker
666,539
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Jeff - I don't use it and can't remember off the top of my head when I have seen one listed that way in our MLS.

Jan 07, 2017 08:47 AM
Rainmaker
4,572,117
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I do not but remember when this concept was introduced a number of  years ago.   It has always seemed "hokey" to me.  I'm not sure that is a valid reason but it sums up my thoughts on the subject.  

Jan 07, 2017 06:29 AM