What is Real Estate Market Analysis?
A real estate market analysis can also be called a comparative market analysis. East African Realtors helps its clients use its generated market analysis to better understand how much properties are worth. It is different from a valuation as an official Valuer must do that report.
Our clientele and mostly potential investors are the ones who we mostly conduct a market analysis. It helps them determine if a particular piece of property will make a good investment.
Why Is Real Estate Market Analysis So Important?
A real estate market analysis is important for those who want a steady cash flow from real estate. Comparative market analysis helps people finds good investments. Realtors or first-time buyers will have the information they need to choose the right commercial real estate or properties.
They will see patterns in the area to find opportunities. Investors will also know what possible problems there are in the area. A real estate market snapshot will help them avoid any bad investments.
How Do We Do a Real Estate Market Analysis?
To do a successful real estate analysis, East African Realtors will need to look at a few different areas. Each area will help you better understand this particular property and the area around it. We take you through the analysis step by step; this will give you the best possible insights.
We at East African Realtors will;-
• Learn About Your Competition
• Examine the Physical Environment
• Examine Important Trends and Demographics
• Look at the Larger Picture