Marketing Analysis
A real estate market analysis should always be done, whether buying or selling a property, as it will help to understand the current market, how much similar properties are worth, if it is an investment property, how much you can charge for rent, etc.
Real estate agents and brokers create reports to help sellers set list prices for their homes and, less frequently, to help buyers make competitive offers.
The information gathered through a real estate market survey helps the seller choose a listing price and helps buyers see if the asking price is too high, low or reasonable. To know if you should invest in one city instead of another.
– To identify which elements hinder investment in certain places.
– To know demographic aspects to determine the evolution of the area where you want to invest.
– To have information about investment projects in certain areas and to know if in the future they will have a development that will increase the value of the properties.
