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6 Comments on Pricing a Property Involves Much More Than Simply Pulling a Number Out of a Hat
What a great topic. It's hard to explain to the Zillow afficionados that there is so much more to it than the numbers. It's a process which involves so much more than number analysis (although that is a critical component). A seller who is willing to listen to an experienced agent on pricing will likely have a much more pleasant, successful outcome.
Hi Norma;
Great topic and super post, thank you for sharing. Good Luck!!!!!!!!!!!!!!!
Colleen - Zillow's numbers are generic at best and are only as current as the tax assessor's records.
Anthony - Thank you, and it was on my mind since I was working on pricing a listing today.
I think previewing is important in pricing a home, I have taken my unreasonable sellers out on occassion to see their competition...it is amazing the change when people can see what others are offering for less.
Konnie - I've taken sellers to see the competition also. It's an effective way to establish value.
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