Here we give more insight into 3 different ways you can price your inventory
Price against Lowest: this is the default option - your criteria applies to the lowest priced comp available on the market
Price against 'X' lowest: this allows you to specify (based on an ascending order) which ranked listing you want to price against in the market.
For example, if you put in a value of 3, you will price against the 3rd lowest comp
Price against average: this allows you to select a range of listings of which to take the average price of and then uses that value as your comp basis.
For example, if you enter "2" and "5", the criteria will act on the average price of 2nd through 5th comps.
How Do I Price Against the 'X' Lowest?
Select a listing and start to set criteria as you normally would by selection zones/sections, splits, increment, floor, and a row range/ceiling if you desire
Before saving criteria, click on the "Custom" button, and select "Price against x lowest"
3. A second field will populate under your selection into which you will need to enter the 'X' value (the listing rank) you want to price against. Once you put in a number, your criteria will apply against that number comp within the market listings.
How Do I Price Against the Average?
Select a listing and start to set criteria as you normally would by selection zones/sections, splits, increment, floor, and a row range/ceiling if you desire
Before saving criteria, click on the "Custom" button, and select "Price against average"
Two fields will populate under your selection. In the first one, you will need to enter the start position and in the second, the end position of the comps you want to take a median value of to price against.
