From productivity to staying on top of trends, there are many important components to being a successful real estate agent. But this can be difficult, especially in today’s day and age, when trends change quickly and productivity can be difficult to obtain when there is so much to stay on top of, so much that must be kept track of. Fortunately, the use of programs like CMA software programs and CMA comparative market analysis programs can help to increase not only the overall productivity of the typical realtor, but their overall effectiveness in their job as well.
One thing that your typical CMA software program can help with is staying on top of the trends of who is buying homes – and why they are buying them. This is essential information to have, as knowing who is most likely to buy a home is likely to be instrumental in helping the average realtor to increase their productivity and their focus on who they should be marketing said homes to.
And the population of home own
Recent projections and data have predicted that over the next ten years, there is going to be 80% of all residential growth taking place within suburban communities. Now, this may seem like a random statistic but it is incredibly important to how the real estate market will be affected. Because of this strong growth, homes will be more expensive in residential suburban areas according to comparative market analysis.
Millennials and younger generations managed to comprise just about 34% of all home buyers in just a year of 2017 alone. According to real estate experts, this percentage is going to increase over the years at a high rate. This is mostly due to the fact that younger people are looking to find their homes.
According to the National Association of Realtors, 56% of buyers 36 years old and younger found their homes online. So this means that younger people are going to better understand comparative market analysis than other generations because they can use Continue Reading No Comments