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What is a market absorption analysis?
A market absorption analysis is one of the best indicator of the local real estate landscape.
Based upon historical facts, it allows us to determine the market type, seller, buyer or neutral. A market absorption analysis is an essential tool for every real estate consultant, buyer and seller, ensuring that a buying or selling strategy is aligned with the market landscape. Simply looking at past sales and current inventory as a basis of your real estate strategy does not provide the necessary insight of the market.
At a high level (Click here for more detail)
Market knowledge is one of the keys to sucess in real estate. Understanding the absorption rate and being able to create an accurate and meaningful absorption analysis is the best way to quickly demonstrate market knowledge, serve clients and attract more clients.
Copyright © Raymond Property Group 2007
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NEXT >> The Know-How. Creating an Absorption Analysis