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Most Important Stats Every Realtor Should Know About

R E Stats is one of the first online interactive real estate statistics providers for the North American market. We have the best software that provides comprehensive online services, real estate agent statistics, and Remax-approved supplier. To know more, visit the website.<br><br>Visit Now : https://www.redatum.com/remax.html

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Most Important Stats Every Realtor Should Know About

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  1. Most Important Stats Every Realtor Should Know About

  2. The real estate industry is one of the most booming businesses worldwide However, a potential buyer would not like to invest in hiring an expensive Remax approved supplierto get the best value for their investment Thus, as a real estate professional, you need to know how to do market analysis Hopefully, with these statistics, you will be able to get a deeper insight intothe market

  3. Stats every Real Estate Agent Should Know To Get More Listings

  4. Home Sales Up/Down The first and foremost stat is the home sales value of a property in a particular month Because of the dynamic nature of the real estate market, the prices of the houses tend to increase and decrease with time By comparing the current prices with the previous year's prices in a particular area, the agents can get a better idea of the selling and buying opportunities in the market

  5. Median Home Prices The next important stat for every realtor is the median home prices Note that you should check "median" prices, not "average" Tracking the median versus the average prices helps to eliminate unexpected extremes on either end

  6. Affordability Index The Affordability Index is the percentage of gross household income needed to cover the principal and interest of median-priced home This index helps the realtors to anticipate the speed and trajectory of the market.

  7. Mortgage Rates The mortgage rates keep fluctuating every year Therefore, it becomes essential to know about the real estate agent statistics The mortgage rates stats is helpful to communicate the impact of mortgage rate shift on consumers

  8. Key Takeaway Now that you know the most important real estate agent statistics make sure to commit in learning every core stat. Additionally, make sure to have these stats handy whenever you meet your clients By using these stats, you can develop a pricing strategy that helps you win every listing

  9. Let's Stay in Touch • Call Our Office • Email Our Team • Visit Our Website • +1 866 403 1568 • admin@redatum.com • https://www.redatum.com/

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