Absorption Study as a Tool

By
Real Estate Appraiser with William Raveis Real Estate

This is a valuable tool for sellers.  You can show them the ratio of listings to sales and determine how long it will take to sell their property.  If they need to sell quicker than the figures show, they will need to price lower.

Comments (1)

Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Maria, this is a great tool for the sellers. Also, the better price properties are being absorb a little faster than over price ones. Great point.

Jul 23, 2008 11:45 AM