Let’s be real—multifamily development is hard. The margins are thinner. The stakes are higher. And if your pricing strategy isn’t airtight? You’ll watch your building sit still while the competition lights up—literally.
Too many developers get trapped in the same cycle: market-based pro formas, outdated marketing tactics, and brokers playing by old rules. You don’t just need pricing help. You need a whole new go-to-market mindset.
This week, we're breaking down how we approach condo pricing differently. A way that combines market insight, buyer psychology, and an integrated sales and marketing engine designed for market-moving results. We move inventory faster—and unlock profits that most developers leave trapped in their last 10-20% of unsold units.
Here's how...
Most pricing failures come down to two things:
You’re guessing on what the market will pay.
You’re treating your units like they’re all the same.
Spoiler: they’re not.
That unit with southern exposure and skyline views should not be priced like the one near the mechanical room. And if you're releasing all your inventory at once with flat pricing? You're not creating scarcity—you’re just creating confusion.
Buyers need urgency. They need to feel like this unit is special. And when your pricing strategy reinforces that emotion, they act. If it doesn’t? They browse. They wait. Or they walk.
Here’s what separates the pros from the pack:
Phased Pricing Plans – Early interest is your jet fuel. Start with velocity pricing that rewards early movers, then layer in strategic increases based on sales performance.
Psychological Anchoring – Price with purpose. Create peaks and valleys that make standout units feel irresistible and push lower-tier units with value appeal.
Buyer Feedback Loops – Your best pricing insight? It comes from your prospects. What they’re saying, what they’re not saying, and where they’re hesitating. We always make a point to factor in real-time demand indicators, unit-level desirability, and on-site buyer behavior. Because that’s how you actually hit—and exceed—your pro forma IRL.
Let me tell you what we don’t do: hand your project off to some brand agency that doesn’t know real estate. Or isolate the marketing team from your on-site sales force. That’s what the other guys do—and it’s why their projects stall out at 75%.
We prioritize a full-stack, custom-built campaign designed specifically for each project. Our sales and marketing teams work in sync—same strategy, same language, same mission. Every ad, every piece of content, every follow-up email is engineered to support pricing and drive conversions.
That’s why our projects consistently hit 85% sellout by or before Certificate of Occupancy.
We get it. You’re flooded with spreadsheets, absorption schedules, comps, charts, and forecasts. But here’s the truth: data alone doesn’t close deals. Insights do.
A successful sellout combines bring boots-on-the-ground experience and the ability to connect numbers to narrative. From branding and floor plans to pricing and lead nurturing, it's all proactive. Too often, you'll hear an update on what the market’s doing—but what your project really needs to know is what to do about it.
And don't wait. It's critical in this market to adapt in real-time based on performance. If pricing needs a reset, jump in and make the call. If marketing isn't generating the right leads, it's a surefire sign to pivot. No “set it and forget it.” Ever.
Drive through any market with cranes in the air, and you’ll see it. One building is glowing—unit after unit already occupied. The one next door? Crickets.
Same city. Similar amenities. Vastly different outcomes.
What’s the difference?
It’s not luck. It’s not just location. It’s the building that won the race in your market to master their strategy—specifically pricing strategy that was built to drive demand, create urgency, and close sales.
Multifamily development has changed. Marketing has changed. Buyers have changed. Renters, too. But most of your big-box competition is likely still stuck in the same loop.
Why compete with the market when you can move it?
At Authentic and CHARLESGATE, we’re not following the old playbook. We built a new one—from brand to demand—with thinking differently when it comes to pricing strategy.
This is how you hit your pro forma.
This week we're digging into the balance between people and profitability for onsite operations that excel internal, resident, and ownership expectations.
Even the pros need a pro sometimes when it comes to multifamily property marketing plans. Find out why it saves investments and assets in the long run!
This week, we're breaking down how developers can motivate their site team to go the extra mile for occupancy, and get the extra million in NOI.
Is your property website fast, affordable, or high-quality? Here’s how to choose the right combination for your goals.
A simple read in under 5 minutes, delivered to your inbox Saturday mornings.
A simple read in under 5 minutes, delivered to your inbox Saturday mornings.