Apr 21 2009

Pricing for the Curve

Published by at 6:20 am under General Information

A concept of pricing ahead of the Market is based on the fact the market is nearly always moving, maybe up or maybe down.  It seldom remains flat and static for very long. So if prices are rising, then it is a Seller’s market and you can sometimes price ahead of that rising curve.  But if prices are falling, then the same holds true.  If the market is declining, then Buyers are concerned about paying what a property may be worth “today”, because they fear that it may be worth less tomorrow.   In a down market Sellers are therefore urged to get ahead of the market curve rather than to simply continuing to follow it down.

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