From the use of realtor CMA software to other tools that utilize such comparative market analysis, the world of real estate is one that is changing. But such tools like realtor CMA software can help to make the job of the typical realtor or real estate agent much easier than it would otherwise be. In fact, such tools as CMA software can streamline the process of data collection, and can allow typical real estate agents to stay on top of trends better than ever before.
And as anyone who has used realtor CMA software before is all too aware of, the trends in the real estate world are frequently changing. These trends are crucial for selling homes, however, as the trends of the real estate world not only include what type of people are buying homes, but why they’re buying said homes and what they are buying the homes for. Keeping track of such factors through the use of realtor CMA software can help just about any real estate agent to tailor their sales pitch and overall strategy, something that is likely to bump up their sales significantly.
For one, it’s important to look at who is buying homes all throughout the country as well as in your particular area when you are using the aforementioned realtor CMA software or any other CMA comparative market analysis tool. And the results of this CMA software usage might be surprising to the general population as well as real estate agents alike.
The results of this have found that many young people are now buying homes, especially those young people who are considered to be members of the Millennial or Gen Y generation. In fact, the data more than backs this up, showing that up to thirty four percent of all homes, from houses to condos, were sold to such a population here in the United States over the course of just one year. And in the years that are to come, this percentage is only expected to keep on rising and rising as time passes on.
There are many reasons that young people might be looking to own a home, something that the typical real estate agent will very much need to be in tune with if they are looking to make sales on a consistent and regular basis. For instance, young people are often looking to buy a home after getting married or a few years after the fact, as this is often viewed as the next big life change. In addition to this, many young people will look to move when they are ready to begin their families.
If a couple is moving in hopes of building a family together soon, it is likely that they will be interested in homes found in good neighborhoods. Safe neighborhoods are essential to show such prospective home buyers, as well as neighborhoods that boast impressive school systems. On top of this, homes with space to expand are likely to be key in making a home sale, especially if the couple has noted that they are planning on having hopefully more than one child in the years that are to come.
Most likely, the real estate CMA software is going to direct said real estate agent towards the suburbs. After all, it is estimated that up to eighty percent of all residential growth over the course of the next few years is going to be occurring in the suburbs of the United States. And while many people are hesitant about moving to the suburbs, they have more to offer than many people think and are actually becoming quite cultured and full of diversity – in people, in food and shopping opportunities, and in homes.
Homes sold for investment purposes are also popular, and now making up at least nineteen percent of all home sales that occur all throughout the country, a number that is expected to rise in the years that are to come as well. Homes sold for investment purposes often sell for a lower price than other homes, but it’s a great way to sell homes that are more run down than the typical home up for sale.