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SOAgents, if you want to protect your time and set expectations on every listing, use the 10 10 0 rule. 🎯🏡
Here is the strategy
If we do not get 10 showings in the first 10 days, we have to reevaluate the price.
If we get 10 showings but 0 offers, we have to have a price adjustment conversation.
Why it works
It takes emotion out of the listing and replaces it with market feedback. Showings tell you if the price is pulling buyers in. Offers tell you if the price is converting interest into action. If you are not getting either, the market is telling you something. 📉
And this is where most agents get burned
The seller says, I do not need to sell. I am only selling if I get 650. If not, I will just stay.
Cool, but your job is to be honest about the value and the plan. Is 650 realistic or is the market closer to 500. If the seller will not adjust based on feedback, you are not taking a listing, you are taking a gamble.
The 10 10 0 rule makes it simple
We list with a plan. We watch the data. We adjust based on the market, not feelings.
If they are not willing to follow the plan, that is a red flag. If they are willing, you just saved yourself weeks of frustration and you gave the seller a clear roadmap. 💪📈
#realestateagent #listings #pricingstrategy #listingagent #realestatetips
@soldbymarkz
