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Buying real estate is an exercise in tradeoffs. Larger home or shorter commute?
Stylish or practical? Move-in condition or fixer-upper?
Buyers need to decide how to spend a limited budget. Information provided
by Realty Market Update help you to get buyers to focus more quickly.
RMU can also help in negotiations with current information on trends
in price, inventory, market time, and more.
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Price per square foot data
can be very useful in helping buyers compare towns and areas.
By looking at their space requirements(sq. ft.) and price range($),
the realtor can suggest which towns are most likely to have suitable
properties.
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Along with
Price Profile
charts, which show the range of
prices in a town and how they are distributed, the realtor
can focus them on the towns most likely to have
properties that meet their needs. This saves
time and driving for the buyers and realtor
(and is good for the environment!).
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Price per square foot data
can also be used to evaluate the
prices of properties under consideration. That is, if the P/SF
of a property is substantially above average this should be
justified by a superior location, architecture, amenities,
quality of fixtures, or other advantages.
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Suggest that the listing agent subscribe to RMU. That will give them
the tools to educate the seller and correct the price.
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A hurdle that new realtors need to overcome is a
lack of experience. Realty Market Update can help
bridge the knowledge and experience gap. Many new
realtors are comfortable with technology. Realty Market
Update can give you an advantage over more experienced,
but less technologically savvy competition.
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When competing for a listing, realtors with RMU have a distinct
advantage. They can demonstrate superior market knowledge
and service.
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All the reasons RMU works with sellers also work to support
the position of the sellers in price negotiations.
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RMU provides information about the impact of commissions.
Frequently the data shows that listings with higher buyer agent
compensation are more likely to sell and sell more quickly than
otherwise.
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Many realtors work only in a few towns if not just one.
With GPS technology you can find your way to other areas.
With RMU, you’ll know what you’re doing when you get there.
Comparing data for an unfamiliar town with one you know can
swiftly bring you up to speed. So you can provide the service
instead of settling for a referral fee.
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You want to provide the best possible service. You can now
leverage RMU technology to educate buyers and sellers and
influence them to make better decisions. When they make better
decisions, your transactions become smoother, faster, and more
likely to close.
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