RE-160 Lecture Notes - Lecture 21: Realtor.Com
22 Dec 2020
School
Course
Professor
Document Summary
Examination of the supply and demand sides of the real estate space market and the balance (equilibrium) between them. Lodging (volume of road, and air travelers) This step is the most critical make or break. It is the foundation upon which all the numbers rest. Craig"s list, mls, web sites of management companies: https://www. leelandprop. com/, newspaper ads, realtor. com, local. Sellers benefit because they can raise their rents or selling price (if under market rates) so that they"ll get full value for their property. Buyers will benefit because they"ll be able to spot the best deals and won"t buy too high. Factors that affect market rental rates & market price. Gather data to be analyzed (market data) Existing inventory of properties (a, b, c, d) Absorption of space (gross the amount and net the change) Rent/price level cap rates -- (and trends)
