I was thinking the same thing Richard Daskam 

In my area, we're lucky to have 2 actives & 1 pending! When Sellers see that, they deduce (correctly) that it's a Sellers market and why not price the house a bit higher?

Thank you for your response Richard and you are completely right!

This blog was mainly used to highlight the automated pricing strategy that Brivity CMA encompasses and it is NOT restricted to just the 5-5-5 pricing strategy. Although you are able to use your own strategy, the 5-5-5 is just what we would typically recommend when using Brivity CMA!

Hope that clarifies some things :)

I'm lucky to get three.

Goodmorning Kathleen!

We agree with you that the 5-5-5 strategy is pretty much dependent on your market/location. We'd also like to express how Brivity CMA isn't just restricted to the 5-5-5 pricing strategy, but you can also use your own strategy! However, the 5-5-5 is typically the one we would recommend when using Brivity CMA since our clients have had the most success using it. 

Hope that clears some things up and have a great day :)

Turning down listings is hard, but I'm right there with you! Walk away. 

Thanks for the comment Inna, and you are right!

There are tons of other factors that are involved and being able to find 5 pending 5 sold and 5 active is already difficult for some markets. Although this blog does highlight the 5-5-5 strategy and how Brivity CMA can automate that for you, we want people to know that Brivity CMA doesn't ONLY use the 5-5-5 strategy and it can really be flexible with what you want. 

Glad you were able to take something useful out of this blog :). Keep in touch!

Exactly! 

I AGREE!!!

Good morning Doug!

I'm glad you find this tool useful :). What's your strategy when it comes to pricing property?

Bingo, everyone should listen to you!

Andrew this is all true! 

When writing this article we sort of just looked at what worked for Ben Kinney and what his team typically does. It is definitely safe to say that there are more than one ways to price a property and some ways are better than others depending on where you live, as well as the market. 

Thanks for your comment :)

Hello Brigita!

When writing this blog we put it in the perspective of Ben Kinney and what worked best for him and his team. We definitely could have written more about all the different ways to price a property and the strategies that work best on certain markets, but that's an idea for another blog ;)

Glad you liked them Gita Bantwal!

There are a ton of factors that are involved like you said that contribute to the possble price of a property. Thanks for the comment :)

Precisely! 

We mention active, pending, and sold listings within your competitive region.

Good take on pricing strategy Athina Boukas!

Glad you found this blog useful Stephen Arnold :)

Keep rocking my friend....