Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents
Birmingham Appraisal
JULY 12, 2023
Pricing a property correctly from the outset is crucial for attracting potential buyers and maximizing the seller’s return on investment. Upgrades and Renovations: Improvements made to a property can increase its value, but there is a point at which further upgrades result in diminishing returns.
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