Pricing should be the most deliberate, thought out and possibly time consuming step of your list scrub.
Until you have worked a county/area for awhile, don’t rely on % of assessed value (with enough transaction history in a county you will determine your own correlation between market value & assessed value).
With this product type, I have not found that pricing matters much to customer as far as the psychology of Round:$50,000 vs Odd: $49,000
Where pricing does matter is how your land listing websites filter pricing, for example I have attached a screenshot how Landwatch is grouping properties by pricing in Mohave County, AZ.
Lets say you are…[Read more]
I tried to sell some stuff on ebay to “season” my account and got flagged for “requesting reviews” then pivoted away from the price point that works on eBay. Moved to larger profit deals and never did much with ebay
Travis, I appreciate hearing about your experience. I second Offers2Owners. Their customer support picks up on mistakes I’ve missed and are quick to respond to questions and resolve issues. If everything else was the same between O2O and other mail services, I’d use O2O just for this reason. Bonus: they have discounts from time to time that save…[Read more]
That’s great that you’re listing your first property – get ready to celebrate when it’s sold.
I’ll address the data scrubbing and pricing question. Do not use assessed anything for pricing. Assessed values (land, total, taxed, etc.) are truly meaningless, and you should also ignore anything the county provides for “market value”.…[Read more]
I’m about to list my first property and I was wondering if there were any templates I could use so I didn’t miss any much-needed info? I don’t recall seeing any on the training vids. I was going to start with Landpin and go from there. I did review the video covering ch.9 on RVL 1.0 but it didn’t get too specific.