Question

Identify the pricing strategy used by the real estate market, where prospective home–owners often submit bids for properties that are less than the posted asking prices, leading to a series of offers and counteroffers that sometimes results in a sale taking place.

विकल्प

• Creaming Pricing Method

• Variable Pricing Method

• Cost Plus Pricing Method

• Penetration Pricing Method

Answer 1

Variable Pricing Method

Explanation:

In the real estate market, prices are not fixed; buyers and sellers negotiate through bids and counteroffers until they reach an agreed price. This reflects the Variable Pricing Method, where the selling price changes according to buyer demand, market conditions, and individual negotiations, rather than remaining constant.