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[Real Estate] How to Determine Market Demand Using Months of Inventory

Posted by Brian Lim on Sep 13, 2018 4:03:00 AM

Also known as months of supply, Months of Inventory (MOI) measures supply and demand in a certain city, town, county, or individual property. Months of supply will estimate the time it takes for the total amount of homes on the market to sell under the current rates and without new inventory coming on the market. By determining the MOI, you can determine if your market favors buyers or sellers. You can use this information to help strategize your marketing plan of attack and positioning of your ads.

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Topics: Real Estate Marketing Tips, blogs, Sellers, Buyers

4 Pricing Mistakes Keeping Your Client's Listing on the Market

Posted by Brian Lim on Sep 11, 2018 4:11:00 AM

Starting off on the right foot can set the tone for the rest of the journey. In terms of home selling, that means pricing your client’s home at the optimal price. A listing might not receive any offers if it is priced too high or it could have a low return if priced too low. Finding the sweet spot will not only give your client more money in their pocket but it will also create a better experience by expediting the selling process. To provide adequate information about pricing mistakes, we’ve reviewed dozens of real estate cases to establish 4 pricing mistakes sellers make while listing their home.

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Topics: Real Estate Marketing Tips, blogs, Sellers

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