Market Analysis - Posted by Chris

Posted by Patrick S. Lawson on April 27, 2006 at 17:02:01:

You could be honest…most people find it refreshing.

Or you could tell them that you are a student at ___________ community college and are taking a survey for a real estate appraisal class.

Market Analysis - Posted by Chris

Posted by Chris on April 27, 2006 at 13:09:06:

When doing market analysis - looking at competitive properties and determining rental ranges etc. - you need to constantly call and visit other apartments that are for rent. Won’t these owners eventually catch on that you are not going to rent or the other case you know who they are and they now you even before you call etc. What is the best way to handle this type of situation.

Re: Market Analysis - Posted by Randy

Posted by Randy on April 29, 2006 at 13:34:49:

For what it is worth, as an apartment building owner, I get calls from time to time from the management companies that run the apartment building in my area asking me about the rents. I always share with them the information and ask them about their rates.

Re: Market Analysis - Posted by ray@lcorn

Posted by ray@lcorn on April 28, 2006 at 10:50:29:

Chris,

Why would you have to “constantly call and visit” the competitive set complexes? Things don’t change that often, and the info is usually good for at least six months to a year.

ray