Okay, fellow Sacramento Realtors® – what is with pricing a home at 199,999? I understand you want to stay under the $200,000 mark, but seriously! At least refrain yourself and set the listing price at 199,900. The buyer gets the idea.

Even Metrolist has started to add a home at $200,000 on both sides of the $200,000 price.

A smart fellow Realtor® looks for a certain amount above and below what his buyer wants anyway – the amount varies with the market. But if my client says she’ll buy a home up to $300,000 I will usually search between the parameters of $240,000 to $320,000. Who knows? The sellers might be motivated!

So instead of letting this drive me nuts, I did some research. Turns out there is a reason behind the 99 cent pricing (Thank God the MLS doesn’t have cents!) and the roots are economic. Go here for the entire story.

But feel free to call and scold me if I ever add too many 9s. Unless it’s a million dollar home. I’d make an exception there -wouldn’t you? But then, I’m the last Realtor® in Sacramento not impressed by 9s.