Tag

what ask price

Real Estate Math

The Case for Pricing Conservatively Quick:  which is more, 80% of “X” or 95% of “Y?” The answer:  it depends on what “X” and “Y” are. So, let me fill in some numbers, straight from today’s real estate market:  make “X” equal to $325k, and “Y” equal to $289.9k. Now, it’s possible to calculate the...
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Why the Right List Price is Like a Good Search Query

“The Goldilocks Approach” Anyone who’s done a Web search — which means everyone — knows the problem:  type in an overly broad search, and it returns a zillion hits. However, type in an overly narrow or restrictive search, and it returns zero hits. A home’s list price works the same way, albeit in reverse. Too...
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