What Is The Visual Pricing System?


Helping real estate agents across the US and Canada.

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What Is The Visual Pricing System?


Helping real estate agents across the US and Canada.

What Is The Visual Pricing System?

 

The Visual pricing system is...

The Visual Pricing System for Real Estate is a set of “visual tools” to help real estate agents create a great client experience when selling their home. The agent uses their MLS to search for comparable properties and/or specific neighborhood(s) that match that of the clients. The real estate professional may pick and choose the properties, and then export the results from the MLS. Then, using the Visual Pricing for Real Estate application, several graphs are automatically generated based on the data provided by the agent. 

As you create these charts, and share them with your customers, they will acknowledge you as their neighborhood and Real Estate expert. You will help them better understand the real estate market and create an experience that will land you listings.


The Visual Pricing Charts

 

The Original Graph- Scattergram Pricing

 
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The ScatterGram Pricing graph is a great “visual tool” for comparing properties and their square footage. As you create these charts, it is not unusual for you to see the difference in price between the compared properties and their square footage. This graph will give customers a quick overview of their house and ones alike to better understand the current market value for their home. The scattergram is one of the simplest and most powerful way to set you client’s experience and price the home accurately.

 

The Odds Of Selling Chart

 
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Not all the homes that are put on the market are actually sold! Many of them do not sell and are either withdrawn, or have expired. This chart looks at homes that were sold, that did not sell during the previous years in your neighborhood, and homes that are actively for sale.

 

Time To Sell Chart

 
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This chart looks at all the homes that were sold the previous year in your customer’s neighborhood, and calculates the number of days on the market each listing had before it was sold. In summary, the average time on the market is a good indication of how long your listing may be on the market before it sells.

 

Neighborhood Buying Pattern

 
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The “Buying Pattern” for the neighborhood shows the actual Sold data for the homes in the subdivision. This chart is a great overview of when homes have sold in the customers’ neighborhood. You can get a good indication of when the best time for you to list homes (and get them sold in a timely fashion) from these charts.

 

The Pricing Pond

 
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The Real Estate Pond is another great visual for customers and makes the analogy between a pond and the real estate market. Just as water flows into a pond and flows out of the pond, homes come on the Real Estate Market when they are listed, and they come off the Real Estate Market when they are sold. The projected pond works great with seasonal markets.