Market Report ChartMarket Reports and More Market Reports

The first of the month means one major thing for us and our blog.  Market reports.  Time to collect the data, fill out our templates and let the charts update, review the sales and figure out the latest trends.

Combine these market reports with community post after community post and what are we trying to accomplish?  Four primary goals:

  • To demonstrate VERY clearly to Warren County area home sellers and buyers that we know our market area inside and out.  If they've got a need, we've got the facts and expertise to help them.
  • To make the search engines happy.  For the first goal to be met, the consumers have to be able to find our posts.  And locally, there's a scarcity of regular bloggers who provide the types of information we provide. 
  • To educate ourselves.  There is no substitute for knowing the trends within our market.  What areas are heading up, which ones are down?  How many foreclosures?  How much negotiating room do buyers have?  What style of homes are in demand? Where is there enough inventory and where are the gaps?  All the answers are right there.
  • And lastly, to show you what our markets are like.  Our homes, our price points, maybe an idea you can use for your own market.  Because we've certainly picked up ideas from other market reports.  Key knowledge too.  When an out of state buyer talks to us, stashed in the brain files are what other bloggers have told us about their market.  That knowledge is valuable in calibrating the buyers to our market.

So market reports may bore some people, and we certainly don't expect comments on them, but they are a critical part of our monthly blogging plan.  So each month, you can expect the first week or so to be really heavy on market reports :)

Keep on Blogging!
Liz and Bill aka BLiz

REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
Ask for us by name if you visit the office!
EHO Two locations: Lebanon & Mason, OH
Liz direct:  513-265-3004
Bill direct: 513-520-5305     
Fax: 866-302-8418
MailTo:  LizSpear@Go-Concepts.com
Our Website:  www.LizTour.com

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46 Comments on Market Reports and More Market Reports

20 Most Recent Comments Displayed Show All

OCT
07
535,758 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

My goal for blogging is a paycheck, not a gold star. I do write "general interest", and a few members only posts, but the main goal is to make the phone ring. Keep doing what you are doing.
7:04pm • #27
864,437 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Blitz - I like market reports with some type of commentary..  I think it is interesting to see how markets are developing across the us.
8:04pm • #28
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Melissa, We each do what works for us.  Fortunately there are multiple paths to the same results.

Ginger, Definitely good to know the stats.  We work multiple market areas in our county and they're each different.

Tanya, Thanks!

Doug, It's a mix for us.  Mostly consumer directed, some agent to agent for relationship building here.  Our mix has tilted heavily consumer side over the last year or so.

Joan, We like to include a best course of actions for the buyers and the same for sellers with each market report.
8:25pm • #29
1,348,414 Points 41 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
BLiz - I need to get back to doing more market reports again because you're right.
8:26pm • #30
235,659 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Liz and Bill,

I just started doing market report and funny enough; I'm starting to like it because of the indebt market aware that I am privy to. I'll be following your lead, so more market reports and more market reports will follow shortly!

 
9:52pm • #31
OCT
08
419,595 Points 22 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Boy, I need this reminder. Haven't done a market report in ages and can tell a difference when it comes to internet inquiries!
1:15am • #32
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Christine, We've went to prelist appointments and had the seller say they've been reading them, although we've never had a person call and say come talk to us and explicity say it's because of reading our reports.  Perhaps just another element in winning their confidence.

Wandanna, It certainly helps us stay aware of the trends.

Lori, It sounds like you've got something that works if your inquiries go up when you do them.
2:59am • #33
551,821 Points 146 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Thanks for the reminder, Bliz.  This is one area I've increased this year, but I need to get even more consistent with it.  I have seen a bump in my web traffic from the market reports. 
5:38am • #34
729,231 Points 15 Featured Posts Outside Blog Called Shot Master

Bliz, I think market reports are an important aspect of our business. People want to know the trends in the local marketplace.
5:42am • #35
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Mike, We know it's something the consumers want, even if they don't call and directly ask or talk to us about them.  And it's an edge we on the local front have over the big websites, the ability to see and interpret the local information.

Mike S., The look to us as professionals to give them guidance on what the best course of action is for them.  How can we do that without a thorough understanding of today's market?
5:42am • #36
408,277 Points 19 Featured Posts Outside Blog Called Shot Master

These are all very good reasons to blog about market reports. To me, whether market reports are useful to our potential buyers and sellers also depends on how much they can understand what the report means vs just informing of numbers, which I see in so many market reports. What can we derive from the numbers? 
7:19am • #37
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Melissa, We spend several paragraphs on each of our monthly market reports interpreting the data and what the most probable best courses of action are for buyers and sellers.
7:41am • #38
466,912 Points 40 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Hey...you are soooooo...right! I need to get over myself and start doing these. Thanks for he kick in the...ummm...I mean inspiration ;-)
10:48am • #39
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Russell, Thanks for the afternoon chuckle!
11:02am • #40
617,259 Points 94 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Why are you pointing your finger at me?!  Stop it!!!  I KNOW, I will get to it darnit.  Just kidding...I really do need to ramp these up.  I have been soooo lazy with this and I will pay, I just know it :)!  Great post BLiz!
5:07pm • #41
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Brenda, You know we don't point, we let the guilty out themselves :)  Just do what works for you!
6:56pm • #42
205,052 Points 6 Featured Posts Attended Rain Camp

I've been doing market reports for many years. I am very analytical and a numbers person. So my reports tend to be really dry- just the facts. I am always interested in market reports from other areas. Not only for the numbers (data) but for the reporting format. I'd love to rework mine.
9:54pm • #43
OCT
09
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Debi, Perhaps take a look in the Market Reports Group and maybe you'll find some twists that you like.
3:23am • #44
587,706 Points 56 Featured Posts Outside Blog Called Shot Master

Hi Bliz, I know it's a great idea to combine our Market Reports with Activities about our communities too. It makes for a more interesting read for our consumers. Plus, you also pointed out some very good reasons above too. Have a Great Week!
9:43am • #45
1,049,935 Points 284 Featured Posts Outside Blog Called Shot Master

Jerry, However we can make our blog stick in the consumers' minds is our target (in a good way of course!).
9:54am • #46

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Liz and Bill Spear RE/MAX Elite Warren County Ohio: Cincinnati to Dayton

Liz and Bill Spear

Mason, OH

More about me…

513.265.3004 www.LizTour.com

Address: 5720 Gateway Blvd, Suite 203, Mason, OH, 45040

Cell Phone: (513) 265-3004

Email Me

REALTORS(R) serving Warren County Ohio and surrounding areas. Observing and reporting on real estate and related topics to help your quality of life! And if you're asking where is Warren County Ohio? We fill the space between Cincinnati and Dayton. Perfect for enjoying the bigger cities without living in them. Places like Mason, Lebanon, Springboro, Waynesville, Franklin and more. Plus lots of rural properties available too. We work with both residential homes buyers and sellers.


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