8/5/2023 0 Comments Hedonic pricingIt sometimes does not take into account the interest rates and other taxes that can have a massive impact on the pricing.Hence by not disclosing the fact, the builder may keep the price intact of the house. Eg: If there is a water problem in the locality in spite of being a good location it may face opposition from the buyers. It does not take into account the information which is hidden from the buyer of the house in order to inflate the price.A 360-degree approach in order to price a particular product.Gives more preference to the likes and dislikes of the buyer to buy a house.It takes into account both internal and external factors that will affect the decision making of the buyer. ![]() It focuses more on the consumption patterns of the customers and has the ability to price fairly.Below mentioned are some of the major advantages of the Hedonic Pricing
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