Industry News

7 ways to say: ‘How’s the market?’

Local real estate stats tell the story
Published on Oct 23, 2009

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by CareyBot

Every real estate agent is asked, again and again, to give an opinion on the market. And too often that answer is in the form of a one-word answer.

That's a mistake. There is a better way to answer this question. In fact, there are seven better ways. These take your opinion, which most consumers will discount, out of the equation.

It is best to calculate all of the following indicators and use your local market statistics.