Kevin Bookbinder's Blog – May 2011 Archive (1)

Does the Comparative Sales method really work in the automotive industry?

As I understand it the Comparative Sales Method is currently exclusive to the real estate industry. In a nut shell it's Comparative Sales that sets the asking price for existing homes. In Automotive the manufactures set the MSRP, much like a homebuilder sets the "starting from" price. In the end it is up to the buyer and seller to determine a mutually agreeable price to seal the deal. Instructing a buyer to comparison shop makes absolute sense to a real estate agent, as they have no ties to…

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Added by Kevin Bookbinder on May 24, 2011 at 11:02am — No Comments

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