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Buyers Do NOT Search For "$179,900 to $199,900" Houses For Sale!!

By
Real Estate Agent with At Home Kansas BR00225772

Buyers Do NOT Search For "$179,900 to $199,900" Houses For Sale!!  (BIG SECRET REVEALED BELOW)  Sellers would love to be able to get into the heads of buyers to know how they think and what they do when they go to buy a house.  While some things will remain unknown such as "When will the buyer buy my house?" since no one in the world knows the answer to that question except the buyer, there are some very useful bits of information that are known about buyers.

One of the key things that is known may seem obvious is that they search for properties starting on an even $10,000 increment.  Buyers Do NOT Search For "$179,900 to $199,900" Houses For Sale!!

Sellers always tell me that $199,900 looks like so much less than $200,000 but that really only works in selling gas and groceries at the $2.999 per gallon type price and the 99 cents for a can of olives price rather than $3 per gallon and $1 per can.

Buyers Do NOT Search For "$179,900 to $199,900" Houses For Sale!!

You see, buyers search in even $10,000 increments.  Suppose there are five buyers right now searching for houses $180,000 to $200,000 and five different buyers searching for $200,000 to $220,000.  What happens if you list your house for $199,900?  You lose that second set of buyers or you lose half your buyers!!  Besides that which group has more money to spend, the 5 buyers looking for houses for sale from $180,000 to $200,000 or from $200,000 to $220,000?

Exactly!!!  Sellers, call Rob Lang, At Home Kansas, 785-393-2274 for more reasons why he is the best REALTOR local expert with which to list your house.  For proof on how other REALTORS lose half of your much needed buyers, just look at their listing prices of $199,900 type prices!!

BIG SECRET REVEALED HERE:  Here is what they search for:

Links


Comments(3)

Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Well, the cat is out of the bag now!   LOL!  Rob Lang is the local expert in Lawrence Kansas.

Have a wonderful Thanksgiving, Rob!

Nov 21, 2012 11:02 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Lawrence.  You are so right.  Happy Thanksgiving my friend!

Nov 21, 2012 11:29 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Rob, You are right. Those 10,000 dollar increments are very basic search parameters. Happy Thanksgiving.

Nov 22, 2012 04:13 AM