Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado)

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3,222,794
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

600 for sure. Agents search that way 575 to 600 or 600 to 625. I do anyway. If they're searcing for 600 agent might miss the 599 .

Aug 05, 2017 05:11 PM
Rainmaker
826,057
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I would use $600,000.

Aug 05, 2017 04:59 PM
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Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 $600K.  We need to break this JC Penney pricing mentality.

Aug 05, 2017 06:00 PM
Rainmaker
391,524
Jill Murty, Realtor - Orange County, CA
Sunset Properties, Powered by Movoto - Laguna Niguel, CA

I'd use 600k.  One reason is that it stands out in a sea of $599,999's and $599,900's.  The other reason aligns with what Pete Xavier with X Group Real Estate Advocates said about showing up in two search brackets instead of one.  

Aug 05, 2017 05:17 PM
Ambassador
4,091,130
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

$600K, Belinda Spillman - captures buyer pools looking in both $500-$600K and $600-$700K ranges.

Think about it, if you list at $599K, those searching $600K+ will totally miss it!

Aug 05, 2017 09:50 PM
Rainmaker
1,790,398
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

There is an agent in my MLS that lists everything in palindromes. $123,321. $683,386. Strange

I would go with the $600,000 so you'll get buyers/agents using that as the high search bracket and the low search bracket.

Aug 06, 2017 03:09 AM
Rainmaker
3,956,454
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

As a former retailer, I had an opinion based on different parameters and, for the most part, I chose the pricing strategy.  In real estate, I let the client choose the list price and as long as it is within a reasonable range -- it's a go. Some people have strong feelings about numbers --- I only care when I'm getting paid.   

Aug 05, 2017 08:45 PM
Ambassador
3,001,350
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I do not believe it really matters.  I told a buyer the other day, it does not matter what the list price is.  It could be $1 and the home will still sell for $1 Million or more. Markets are different. Perspectives are different. 

Aug 05, 2017 07:55 PM
Rainmaker
680,936
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I would go with 600k as it would capture those looking up to 600k and those looking 600k and up.

 

Aug 05, 2017 06:41 PM
Rainmaker
1,707,297
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I had retail stores for over 16 years so the first one was typical. I now believe in the second one.

Aug 05, 2017 06:06 PM
Ambassador
3,986,518
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It is a strategy for search purposes. Buyers search in round numbers (that is the way many of the IDX search tools rae set up) such as $600,000 to $650,000 or $550,000 to $600,000. Being at $600,000 gets you to show up in both categories and get before more buyers..

Aug 05, 2017 06:02 PM
Rainmaker
1,361,668
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

My gut would be the 599 because it sounds cheaper than 600 and psychologically would be better for someone who can go up to 600.  Makes them not think they're at the top of their limit.  In my fantasy world, agents looking forstarting at 600k will go a couple thousand in below and catch it in their search.

 

For the internet portals though, 600 is the better number because their search dropdowns are set in 25 or 50k increments.  600 will catch both people who have that as their floor AND ceiling.

Aug 05, 2017 05:27 PM
Rainmaker
3,297,320
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

i like 599,999 but there is a but. There is an however though at 99,999 it matters, even at 199,999 it matters. but at higher prices $600,000 can look cleaner

Aug 05, 2017 05:24 PM
Ambassador
4,493,039
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

$600,000.

Funny but I did see a listing a while ago at $xxx,000 and then was price reduced to $xxx,999. LOL

Aug 05, 2017 05:18 PM
Rainmaker
572,964
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

$599,999 would be at the TOP of the budget, I would probably choose $600,000 and it would be at the bottom of the budget. On the other hand, those listed for $650,000 for are probably a "cut above" mine, that might be a detriment. Hey, I would go with $599,999 - retailers use this all the time and it works for them.

Aug 05, 2017 05:08 PM
Rainmaker
939,224
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

$600,000 because most searches are done in round numbers, say $550,000 to $600,000 OR $600,000 to $6500,000. So in the second example, if you price at $599,999 it would not show up in that search. 

 

Aug 06, 2017 10:14 PM
Rainmaker
1,672,895
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I'd go with $600K,  That puts you in two price search groups.  

Aug 06, 2017 07:18 AM
Rainmaker
1,719,440
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

$600,000.00

Aug 06, 2017 05:33 AM
Rainmaker
3,602,393
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Definitely $600,000. You will get buyers looking at $500-$600K, but that 1 cent will cost you those in $600-$700K ranges.

Aug 06, 2017 04:40 AM
Rainmaker
3,905,965
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

$600,000... people don't search in odd numbers. And a $600,000 home is not a retail sale at Walmart. At $600,000 on line you catch the up to $600K buyer and the $600+ buyer. Why would you possibly want to lose a buyer over a dollar? And do we really think people don't see that it's a $600,000 home just because it's priced at a dollar less?

Aug 06, 2017 03:29 AM
Ambassador
4,312,167
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Belinda Spillman - go for $600,000 - you may capture the higher price range buyer, too.

Good Luck.

Aug 05, 2017 08:31 PM
Rainmaker
831,678
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

600,000.00

Aug 05, 2017 06:44 PM
Ambassador
5,212,893
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I like the first, but if using many of the search engines out there the second may work better to get your property targeted right.

Aug 05, 2017 06:06 PM
Rainmaker
526,755
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

The days of 999's are over. Round numbers capture two brackets in drop-down values. The top of one price range and the bottom of another.

Aug 05, 2017 05:31 PM
Rainmaker
526,960
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

$600,000 works for those searching $500,000 TO $600,000 and then $600,000 to $700,000.

Aug 06, 2017 06:08 PM
Rainer
65,278
Steve Bracero
Heisler and Mattson - Shrewsbury, MA
First Time Homebuyer and Investor Specialist

600,000 i like the bracket vs 599,999

Aug 06, 2017 03:26 PM
Rainer
35,794
Gary 'Banana' Houghtaling
Phoenix Property Shoppe - Phoenix, AZ
Phoenix Real Estate Agent

I know what and  why my broker would say 600.

Aug 06, 2017 02:41 PM
Rainmaker
580,846
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Belinda ~ I say go with the $600K... it is all about the online search.  Some websites use predetermined price points and some let you type in whatever you want, but how many people do you think put the upper price point in their search ending in xxx,999?  

Just my opinion, but I doubt that it is a large number.

Aug 06, 2017 01:12 PM
Rainer
352,776
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

$600,000   When Buyers see a string of 99999999's...they always comment...Why!   Anna Banana Kruchten, CRS also has a great answer.

Aug 06, 2017 12:46 PM
Ambassador
3,298,428
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

If you really want $600K, ask for $600K.  That's my philosophy.  

Aug 06, 2017 10:38 AM
Rainmaker
5,570,642
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

600k... 

Aug 06, 2017 07:38 AM
Ambassador
2,057,997
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

$600,000 because in searches it will included in both the 500-600 and the 600-700 thousand dollar ranges.

Aug 06, 2017 05:14 AM
Rainmaker
3,528,740
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

The 999, sounds like something you would see in a car lot.  Round it off to the nearest 100.00 and move on

Aug 06, 2017 03:16 AM
Rainmaker
808,497
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I am not a fan of 99,999. I do prefer 99,900 however. I get the psychology of it. But the 999 makes me think the person is greedy for that additional $99. Of the two choices you gave I prefer the even 600k. But if the choice were 599,900 instead of 599,999 I would prefer that over the 600k. I have actually read up a lot on this and it is very controversial given the brackets supposedly people search in (that is a whole topic on its own in my opinion) and the psychology of the lower number. -Kasey

Aug 05, 2017 08:20 PM
Rainmaker
1,092,472
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The theory is that whether ascending or descending you'll catch more views with today's portal searches by price. Those looking from $600,000 to $650,000 will see it while the $550,000 to $600,000 customers will also. The round numbers have been in my employ for about 10 years.

Aug 05, 2017 06:51 PM
Rainmaker
6,367,460
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Buyers and their agents search in round figures.

Aug 05, 2017 05:43 PM
Rainmaker
4,433,483
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

600k

Aug 05, 2017 05:35 PM
Rainmaker
641,890
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

$600,000

Aug 06, 2017 05:25 PM
Rainmaker
1,509,952
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I personally like 600k, but I follow the trend leaving 9 as a last digit. 

Aug 06, 2017 02:17 PM
Rainer
177,228
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

I would use $600K. $599,999 just looks silly.

Aug 06, 2017 12:58 PM
Rainmaker
174,846
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

I have a buyer who reduced their sales price to a weird number... $287,900. I recently received some feedback on the price. I was told it was "too specific and they felt like it wasn't negotiable". I passed the feedback to the seller and suggested an even number in increments of $5000's.

Aug 06, 2017 12:07 PM
Rainmaker
1,444,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Belinda Spillman I would go with $600,000. That penny makes me think of Walmart mentality for pricing.

Aug 06, 2017 09:18 AM
Rainmaker
1,177,091
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

$600,000 or $599,876, it's simple math.

Aug 06, 2017 07:19 AM
Rainmaker
749,659
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

$600k

Aug 06, 2017 07:05 AM
Rainmaker
4,135,394
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I would use $600,000. You catch those searching from $550,000-S600,000 and $600,000-$650,000 (people usually search in 50,000 increments). I only use the laws of the nines when a house is priced between those numbers..$569,999, $579,999 and $589,999.

Aug 06, 2017 06:33 AM
Rainmaker
5,366,082
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Belinda,

I have seen it both ways, that $1 may have a phychological effect on some.  It does not matter to me. A

Aug 06, 2017 06:18 AM
Rainmaker
2,013,770
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

$600,000

Aug 06, 2017 05:36 AM
Rainmaker
3,069,684
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Door #2

Aug 06, 2017 05:25 AM
Rainmaker
4,019,389
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It's a matter of opinion. Years ago below 600. Today, not so much!

Aug 05, 2017 08:53 PM
Rainmaker
2,610,572
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The funny part is it wont sell for either price....

Aug 05, 2017 05:08 PM
Rainmaker
70,344
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

$599,000

Jun 23, 2018 12:39 PM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I would say $600,000 - it would capture two lead sources $575,000 - $600,000 and $600,000 - $650,000

Aug 09, 2017 06:52 AM
Rainmaker
4,734,888
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

$600K, that was you don't miss either side of this number.

Aug 08, 2017 08:23 AM
Rainer
260,054
Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

$600,000. Hit both searches $500-600K and $600+

Aug 07, 2017 09:38 AM
Ambassador
1,616,204
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I prefer 99999

Aug 07, 2017 06:36 AM
Rainmaker
1,624,072
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

$599,999 with $!.00 down and $1.00 per day

Aug 06, 2017 01:13 PM
Rainmaker
806,727
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Traditionally, the one starting with the lower number.

Aug 06, 2017 11:01 AM
Rainmaker
846,275
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

$599,999 is what works for me.

Aug 06, 2017 09:05 AM
Rainmaker
717,901
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

Always the lesser, in case their search is under 600K

Aug 06, 2017 05:27 AM
Rainmaker
1,136,137
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

588,888.88 

Just saw a modest home listed for 733K sold for $888.888K.

 

Aug 06, 2017 12:20 AM
Rainer
230,924
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

starting with the 5,..or  1.99 vs 2.0  2.0099 vs 3.  etc

Aug 05, 2017 08:44 PM
Rainmaker
1,837,670
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

$599,999 shows up on more searches Belinda Spillman 

Aug 05, 2017 06:51 PM
Rainmaker
3,985,771
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

600,000

Aug 05, 2017 06:49 PM