Range Pricing
(Article 4.23)
Range pricing is defined as that pricing technique in which the seller agrees to consider offers within a range stated in the listing agreement. When submitting a range-priced listing to MFRMLS, the Listing Participant must:
- Indicate that the property is range priced in the appropriate block of the MLS data form.
- State the range in which the seller will consider offers in the first line of the Public Remarks which must state:
Range Priced-Seller will consider offer between X (insert dollar amount) and Y (insert dollar amount) with Y being considered full list price. - Enter a list price as the high price of the range.
- Enter the low price as the low price listed in the range.
