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To Price Or Not To Price

By
Real Estate Agent with Weichert Realtors Foothill Properties

When you create flyers or other marketing materials for your listings, do you include the price of the home? There are several schools of thought on this, and everyone has their opinion. Allow me to give you mine, and I'd love to hear yours as well and the reasons you believe as you do.

I support putting the price on my flyers. Many agents say "if you omit the price, it will give the prospect a reason to call." While that may be true, I also believe that it can annoy the consumer, as they are not stupid, and know why the price is being left off. There are far better things I can do to get the consumer to call me. And, with the plethora of information online, it's not hard for the buyer to find the price anyway. I believe ommiting information is annoying (maybe because that's how I feel when I'm in the consumer's shoes).

I have produced material both ways, and don't find that the quantity of calls (and certainly not the quality of them) goes up when the price is not there.

What do you think?

 

Comments (10)

Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
My wife won't even consider looking if there is no price.  She feels that if there is no price it must be way over priced !    Pretty much the same about a listing w/out any pics.
Feb 13, 2008 07:03 AM
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate
I have always, and will always include the price in flyers that I make. I myself find it annoying for a price not to be included in information on anything for sale. Therefore, I don't leave out the price on things I am trying to sale.
Feb 13, 2008 07:05 AM
Hank Roeters
Platinum Partners Realtors - Darien, IL
I agree. The consumer is a lot smarter then some people think.
Feb 13, 2008 07:12 AM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
RealtorĀ®-ABR-Land, Residential & Commercial Sa
I used to always include the price, but in a market like we have been in I found myself spending a lot of time redoing fliers because of the price, so lately I don't include the price.
Feb 13, 2008 07:13 AM
Serena Brown
Taylor-Brown Real Estate - Hammond, IN

I agree.  Leaving the price of the property off is annoying to the consumer and deceitful.  If the consumer felt in love with the property by virtue of the flyer or other advertisement only to discover after calling that they can't afford it then they may get discouraged and not want to buy because they mistaken think it is out of their reach.  So please add the price.

Feb 13, 2008 07:17 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
I leave the price off of the professionally printed brochures in the property.  If for some reason there is a price reduction I don't want to pay to have them redone.   All the other pieces of information I have with the listing have the price.
Feb 13, 2008 07:25 AM
Mike Gambino
Prudential Patterson Realtors - Florissant, MO
GRI
I always include the price also.  How many times have you seen ads in the paper when buying a used car that says, call for price.  I never call, I just move on to the ones with prices.  People pick up fliers because they want to know information up front, not just to get your number.
Feb 13, 2008 07:33 AM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
RealtorĀ®-ABR-Land, Residential & Commercial Sa
Just to clarify I always have a copy of the listing with the price on it there also. But I have never had a consumer complain about there being no price on my fliers.
Feb 13, 2008 09:35 AM
Jennifer Esposito
JenRan Realty, LLC - Woodstock, CT
I tend to provide most pertinent info when advertising a listing no matter what the medium.  Your correct in saying consumers will find out anyway even if they don't call. 
Feb 13, 2008 11:01 AM
Cynthia Tilghman, RealtorĀ® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC
I try to put myself in the place of the consumer and I know that I want the price along with all the other information.  That's my 2 cents worth.
Feb 16, 2008 11:23 AM