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Tag: over-pricing

Top 4 Most Common Pricing Mistakes | Phyllis Frankel Realty Group, Inc.

Top 4 Most Common Pricing Mistakes | Phyllis Frankel Realty Group, Inc.

Top 4 Most Common Pricing Mistakes When I took my first real estate class over 2 decades ago the teacher had said, “Over 80% of your marketing is pricing the home right.” Well marketing and technology has changed alot since that day. However, that has made the statement even more true! Buyers can quickly look […]

How to Shut Down Seller’s Tired Pricing Excuses | The Strategic Agent

How to Shut Down Seller’s Tired Pricing Excuses | The Strategic Agent

Financial Consequences Include: There are so many stats on the problem of overpricing but I’m going to start with one from the National Association of REALTORS. Of houses that are on the market more than 17 weeks, 45% of the sellers took less than 90% of the asking price. This stat essentially confirms that the […]

Overpricing: How Aiming Too High Can Cost You | Zillow Porchlight

Overpricing: How Aiming Too High Can Cost You | Zillow Porchlight

You may think of it as giving yourself room to bargain, but beware. You could just turn off buyers. Pricing a home for sale is more of an art than a science. Each home’s value falls within a range, and the price the buyer and seller agree on determines the exact value of the property. […]

She was the next contestant on “The Price Is Right” | The Sentinel

She was the next contestant on “The Price Is Right” | The Sentinel

While waiting in line for “The Price Is Right” tickets March 29, Eva McQueen-Gates offered her pricing strategy to her three sisters and their friends if someone selected her for the show. It was an idea the 63-year-old Brandywine resident thought about when she began watching the show while she was in high school. “No […]

Rents pricing out workers in Eureka Springs | ArkansasOnline

Rents pricing out workers in Eureka Springs | ArkansasOnline

EUREKA SPRINGS — A dearth of affordable housing in Eureka Springs is causing a shortage of service-sector employees, say some restaurant owners in the tourist town. Kelli Zumwalt, co-owner of K.J.’s Caribe restaurant, said she didn’t know if she’d be able to open this season because she was having trouble finding workers. Many Eureka Springs […]

Predictive Analysis is Now Leading the Evolution of Apartment Pricing | Property Management Insider

Predictive Analysis is Now Leading the Evolution of Apartment Pricing | Property Management Insider

“When someone’s lease becomes month to month, they are no longer on a long term lease contract like other residents,” he said. “Their lease term has become undefined, therefore it’s hard to measure when that lease is going to end to help you manage expirations, to help you decide how to price a new lease.” […]

Pricing Strategy is Key to Selling Success | TAPinto

Pricing Strategy is Key to Selling Success | TAPinto

If you price your home at the fair market value, 60 percent of qualified buyers will see it. However, if you price it just 10 percent over the market value, you cut that number in half — only 30 percent of qualified buyers will see it. That means that 70 percent of the buyers who qualified in terms of criteria and […]

How To Price To Sell | Hartford Courant

How To Price To Sell | Hartford Courant

If you’re ever tempted to list your house at a price that’s a little on the “high side,” and “wait and see” what happens, just don’t do it. The asking price when you list your home on the market affects the profit that you will receive when you sell, more specifically how much profit you […]

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Market Inc. agreed to pay $500,000 to settle an investigation that it overcharged customers for prepackaged food in New York City, resolving a spat that had hurt efforts to shed its “Whole Paycheck” image. The company said that there was no evidence of “systematic or intentional misconduct” but agreed to pay the fine […]

Sasol wins polymers pricing case in top court | BDlive

Sasol wins polymers pricing case in top court | BDlive

THE Competition Commission remains concerned about the pricing behaviour of dominant firms in major markets, such as that for polymers, which is why it has so strongly pursued its case against Sasol Chemical Industries (SCI), commission spokesman Itumeleng Lesofe said. He was speaking on Friday after the Constitutional Court dismissed, with costs, the commission’s application […]