logan piercy - Market Analysis Tips for Commercial Real Estate Agents

In commercial real estate agency, you should be analysing your commercial real estate market on a frequent basis. logan piercy agents that build their business solely around the incoming enquiry from advertising will struggle from time to time when the rate of enquiry changes seasonally throughout the year.

Understanding your territory and sales patch. Define it geographically so that all of your prospecting efforts can be centred within a particular region. That process will also help you monitor the activity of property sales, rentals, leasing, and new developments

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logan piercy allow you to specialise in every respect when it comes to regional sales and leasing activity. You can then understand the rates per area unit when it comes to prices and rentals. From a client perspective, you then become more relevant when it comes to property marketing and promotion. You are seen as the expert.

Understand what your competitors are doing when it comes to property sales and leasing. Check out the number of properties on the market currently with the other agencies. Understand the methods of sale, pricing, and renting when it comes to those other listings. To do this process effectively, you will need to do a regular signboard count and an Internet advertising count when it comes to properties on the market today.

From an agency perspective, monitor the number of calls coming into your office on a daily basis and then understand how and why those calls are reaching you. This will then give you a greater understanding when it comes to successful marketing. That will then help you in establishing a positive marketing campaign relative to a property type.