What Does A Price Range Mean?
Price ranges are just that - a range. Not a guarantee of purchase and not always an accurate guide
Recently while travelling in my car with a lovely new client, her question to me prompted my thoughts about the various insights I could offer. As she cast her eye down our inspection itinerary, my price column featured a few quoted price ranges, (as opposed to price tags).
“This property is advertised at $390,000 - $410,000. Why would I offer a cent above $390,000?” she asked. It was a fair question when I considered how I’d feel if I was buyin…