January 2024

How to Master Odd-even Pricing

Small distinctions in your pricing strategy can have a big impact on your customers' value perceptions. In this post. We explore the concept of odd-even pricing, and the psychological grip it has on shoppers. Contents: What is odd-even pricing? Does odd-even pricing work? How to Master Odd-even Pricing Which companies use odd-even pricing? Should you use odd-even pricing? What is odd-even...

How to master odd-even pricing for any product

Small distinctions in your pricing strategy can have a big impact on your customers' value perceptions. In this post. We explore the concept of odd-even pricing, and the psychological grip it has on shoppers. Contents: What is odd-even pricing? Does odd-even pricing work? How to Master Odd-even Pricing Which companies use odd-even pricing? Should you use odd-even pricing? What is odd-even...

Expert advice on the best way to price your home for sale

How to price your home for sale Most people who want to sell their home wonder how best to price it. At what price should you list your home for sale to attract serious buyers quickly? It's important to think about how people search for homes these days. Let's say you price it at SAR 299K. Okay. This house will show up in Google search when someone makes its top price 300k SAR. But you will lose buyers...

The best way to showcase a property at a specific price in an ad

The best way to display a property at a specific price in an ad depends on several factors. From them: The market value of the property: The asking price should be close to the market value of the property. This is to get the attention of potential buyers. Local factors: Local factors should be considered. such as the state of the real estate market in the region. and prices of similar properties in...

Example: Valuing a residential villa by the cost method

Valuing real estate using the cost method Data Location of the property: The property is located in Jeddah. It is an economically and commercially active city. Property areas: The land area is 625 square meters. The total building area is 500 square meters. The wall is 100 meters long. Basement area of 200 square meters. Property condition: 15 years old. It's a middle age. Features of the villa:...

The cost method of real estate valuation

The cost method of real estate valuation is a real estate valuation method that relies on estimating the cost of building, replacing, or renovating a property. This method is mainly used to value real estate that has no comparable sales in the market. such as new or newly remodeled properties. According to international evaluation standards. The cost approach to real estate valuation is defined...

Why is a north-facing property more expensive than a south-facing one in hot regions?

The importance of the north facade in real estate The northern facade plays an important role in the value of the property. Especially in hot climates. The northern facade receives less direct sunlight than the southern facade. making it cooler in summer and warmer in winter. This provides a more comfortable living environment. and leads to significant savings on energy bills. It helps maintain the value...

Steps to Evaluate a Residential Apartment by Market Comparison Method

Real estate appraisal is a very important process when buying or selling a condominium. An apartment appraisal can be helpful to determine the fair value of the property and make informed decisions. In this article. We'll go through the steps of appraising a condo using the market method. 1. Collecting information The first step in evaluating an apartment is to gather the necessary information. You should...

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