Ninja Selling Podcast Let’s Talk Pricing Sensitivity!
Today, Matt and Garrett chat about price sensitivity and how to position yourself properly when the marketplace seems unbalanced. They also explore the importance of pricing your listings properly and how to adjust as soon as the marketplace shifts.
To kick off the conversation, Matt and Garrett talk about the necessity of pricing properties, and Matt goes on to explain his 'using the freeway' analogy of pricing. Noting that the market is currently a seller’s market, our hosts outline the tools you need to position yourself properly in the market and why you need to gather knowledge about price sensitivity and the role it plays.
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Episode Highlights:
- The skill of pricing properties properly
- The freeway analogy
- What happens when you price wrongly?
- Important tools to position yourself in the market
- Understanding price sensitivity
Quotes:
“The necessity of pricing properties properly has never gone away.”
“We're seeing a lot of issues around price sensitivity because people aren't paying attention to their position on the market.”
“Be aware of the sensitivity, gather information, use the tools.”
“Positioning matters, because the prices are sensitive.”
“This is good knowledge for you to have. It puts you in the top echelon of your realtor colleagues, for sure.”
Links:
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Email us at TSW@TheNinjaSellingPodcast.com
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Ninja Selling
@ninjasellingofficial
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Garrett
@ninjaredding
Matt
@matthewjbonelli