Interesting tip about pricing and online databases
In real estate, a price of $201,000 vs. $199,999 tends to be the “better”
price. The reason: most search engines cluster homes into groupings (e.g,
$150,000 - $199,000 … $200,000 - $249,000, etc.) So, a house at $199,000 would
be at the top of a group, and would be compared to all others in the same
cohort, whereas a home at $201,000 would be at the bottom of a cohort and would
be perceived as being of potentially higher value vis-a-vis the others.
Lee Freeman
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