3,060
I'm unfamilar with variable range pricing. Will you expand on that?
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Michael Jacobs
Pasadena, CA
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Will Hamm
Aurora, CO
1,502,998
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.
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Michael Jacobs
Pasadena, CA
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John Meussner
Fair Oaks, CA
989,652
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
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Jennifer Mackay
Panama City, FL
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Michael Jacobs
Pasadena, CA
5,772,575
Jeff,
We don't like it, it feels like an auction catalog. A
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Michael Jacobs
Pasadena, CA
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Nina Hollander, Broker
Charlotte, NC
900,128
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.
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Michael Jacobs
Pasadena, CA
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Nina Hollander, Broker
Charlotte, NC
599,274
Never used it, never seen it, don't understand why it would ever be used.
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Michael Jacobs
Pasadena, CA
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Will Hamm
Aurora, CO
151,633
I've never seen it in my market and don't really understand what the point of it would be...
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Michael Jacobs
Pasadena, CA
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Will Hamm
Aurora, CO
2,224,473
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.
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Michael Jacobs
Pasadena, CA
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Nina Hollander, Broker
Charlotte, NC
2,684,009
Not common in this area... I don't recall ever seeing it.
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Michael Jacobs
Pasadena, CA
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Nina Hollander, Broker
Charlotte, NC
5,229,945
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!
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Michael Setunsky
Woodbridge, VA
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Michael Jacobs
Pasadena, CA
3,416,038
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
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Michael Jacobs
Pasadena, CA
3,988,007
I do not use these and don't like them. It is confusing to buyers. Price the house and go from there.
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Michael Jacobs
Pasadena, CA
4,936,605
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.
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Michael Jacobs
Pasadena, CA
1,076,551
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"
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Michael Jacobs
Pasadena, CA
763,883
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.
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Michael Jacobs
Pasadena, CA
2,781,163
I dont like mixed messages...For sale with a price warrants a clear response
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Michael Jacobs
Pasadena, CA
1,725,996
864,658
Nope. I believe that would be a diservice to my client.
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Michael Jacobs
Pasadena, CA
823,579
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.
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Michael Jacobs
Pasadena, CA
1,466,207
Jeff Dowler No. A few years back a company used this as a marketing strategy. It didn't work and died on the vine.
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Michael Jacobs
Pasadena, CA
5,216,398
It was rolled out years ago inn Florida by a large franchise! It went over like a lead balloon!
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Michael Jacobs
Pasadena, CA
1,617,916
I use straight forward pricing techniques with seller approval
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Michael Jacobs
Pasadena, CA
5,104,931
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.
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Michael Jacobs
Pasadena, CA
3,071,489
2,436,099
That's not a practice I've seen in my area.
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Michael Jacobs
Pasadena, CA
4,434,127
321,564
4,272,548
7,836,129
That is not a common practice in our market.
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Michael Jacobs
Pasadena, CA
3,986,258
Only in the listing talk and that is a very narrow spread.
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Michael Jacobs
Pasadena, CA
1,157,785
666,539
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.
4,572,117
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.