Real estate blog entries tagged with conversion rate by Lyn Sims - Schaumburg Homes (Schaumburg Real Estate - Northwest Suburbs

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Home : Blogs : Lyn Sims - Schaumburg Homes : Lyn Sims ~ Schaumburg Homes ~ Chicago Northwest Suburbs ~ Illinois Real Estate : Tag "conversion rate"

conversion rate: Schaumburg Homes - Why the Conversion Rate Matters when selling your home! - 01/17/12 03:59 PM

Conversion Rate means? Months Supply of Inventory says? Why does this matter when you are selling your home? Well, the 'Absorption Rate' is the real estate markets ability to absorb or sell all of the Schaumburg Homes for sale in a given amount of time. The ability for the Absorption Rate and market to either decline with many buyers in the marketplace OR to increase when buyers are few in numbers. Each month the number changes based on homes coming on the market, going under contract and then finally closing. Is this a 'Buyers Market' or a 'Sellers Market'? Currently, we … (0 comments)

conversion rate: Schaumburg Homes - How long will it take for my house to sell? - 01/07/10 04:00 PM

This is the 'Months Supply of Inventory' for Schaumburg IL Single Family Homes for 2009. This number is also called the 'Conversion Rate' or the 'Absorption Rate' which is how long and how much inventory is on the market in that particular town. Obviously, the higher the rate, the longer the market time for homes in that community.Does your agent know the 'Absorption Rate' and will they share that information with you? It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.So we obviously have different levels of 'Absorption' in the market and I've … (8 comments)

conversion rate: Hoffman Estates IL Homes - Months Supply of Inventory - June 2009 - 07/23/09 09:21 AM

This is the 'Months Supply of Inventory' for Hoffman Estates IL Single Family Homes from June 2007 to June 2009.

This is also called the 'Conversion Rate' or how long and how much inventory is on the market in that particular town. Obviously, the higher the rate, the longer the market time for homes in that community.

Does your agent know the 'Conversion Rate' and will they share that information with you? It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.

… (2 comments)

conversion rate: Schaumburg Homes - Market Update, Months Supply of Inventory - Conversion Rate - June 2009 - 07/07/09 10:07 AM

This is the Months Supply of Inventory for Schaumburg IL Single Family Homes from April 2007 to June 2009.
This is also called the 'Conversion Rate' or how long and how much inventory is on the market in a particular town. Obviously, the higher the rate, the longer the market time for that particular community.
Does your agent know the Conversion Rate and will they share that information with you?

… (0 comments)

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Address: Schaumburg | Hoffman Estates | Elk Grove Village | and Roselle, IL in the Northwest Suburbs of Chicago

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