I have noticed that the MLS gives its users that are listing properties for sale, the ability to "feel out" the price.
The way they do this, is by allowing you to see the amount of potential clients that match your current listing and gives you the ability to increase or decrease the price and see how it reflects in client matches before your post.
I have used this to my advantage to help me understand the "psychology" of the buyer or "buyers agent, (since the client's criteria is set by the agent).
I discovered on one particular property I was posting, that the number of client matches was directly proportional to my listing price. The more I increased the price the more client matches I had, of course it began to reverse after a certain Peak point.
I was surprised, naturally one would think that lower prices mean more potential clients but here I discovered in this particular case, higher prices meant more potential clients.
Please shed your perspective on the use of this as a kind of price "gauge"
