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Beat the Headlines. Be the Local Market Expert .
Whoā€™s with you today? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
About Altos Research
Just For Attendees ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Only 3 Questions Consumers Ask ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
When they ask, ā€œHowā€™s the market?ā€ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Principles & Technique: ā€œLet Me Show You What I Meanā€ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Data  ā‰   Headlines Scottsdale held up through the Spring but falling this Summer. (Jumbo mortgagesā€¦) Phoenix has been down ā€“ but picked up this Spring.
Get Local!
How and When to Use Market Data (Hint: Everywhere) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ā€œ Bringing ā€˜em in the boatā€¦ā€ ā€“ Website Strategies for Lead Development ā€œ Soft Sellā€ ā€œ Hard Sellā€ Blog Posts Dedicated Local Pages Chart Widgets Sample Reports Lead Form Call to Action Relationships, inform Convert visitors to leads Goals:  Presentation:  Style:  Personality, quantity High profile data, fewer options Approach:  Social Media
Great Web Site Samples ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
More Than Just a Price Trend ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Understanding Buyer & Seller ā€œCompetitionā€  (Inventory Trends: Davis, CA) Never assume that your clients know the trends.
Setting the Price Right & Knowing the Market % Price Decreased : Measures the number of active listings that have experienced a price reduction in the last 90 days
Trends: New Listings & Exits Prices of New Listings (black)  trending lower & below the Median (orange)  And the good deals are disappearing! (green)
Mean vs. Median Days-on-Market Median DOM is trending opposite of Mean DOM  ļƒ   Higher turnover with newly listed homes
Market Analysis by Price Level (ā€œQuartileā€) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Days-on-Market by ā€œQuartileā€ DoM in most expensive price segment (black line) compared to middle & lower price segments
Market Activity by ā€œQuartileā€: Market Action Index The bottom 50% of the market has the most activity ā€“ Implications for both Sellers AND Buyers?
Characteristics per Quartile (Danville, CA) Less activity at top of the market ā€“ higher DOM, fewer new listings & exits
Key Takeaways: ,[object Object],[object Object],[object Object]
Just For Attendees ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contact Us for a Website Session! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Beat The Headlines. Be The Expert.

  • 1. Beat the Headlines. Be the Local Market Expert .
  • 2.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Data ā‰  Headlines Scottsdale held up through the Spring but falling this Summer. (Jumbo mortgagesā€¦) Phoenix has been down ā€“ but picked up this Spring.
  • 10.
  • 11. ā€œ Bringing ā€˜em in the boatā€¦ā€ ā€“ Website Strategies for Lead Development ā€œ Soft Sellā€ ā€œ Hard Sellā€ Blog Posts Dedicated Local Pages Chart Widgets Sample Reports Lead Form Call to Action Relationships, inform Convert visitors to leads Goals: Presentation: Style: Personality, quantity High profile data, fewer options Approach: Social Media
  • 12.
  • 13.
  • 14. Understanding Buyer & Seller ā€œCompetitionā€ (Inventory Trends: Davis, CA) Never assume that your clients know the trends.
  • 15. Setting the Price Right & Knowing the Market % Price Decreased : Measures the number of active listings that have experienced a price reduction in the last 90 days
  • 16. Trends: New Listings & Exits Prices of New Listings (black) trending lower & below the Median (orange) And the good deals are disappearing! (green)
  • 17. Mean vs. Median Days-on-Market Median DOM is trending opposite of Mean DOM ļƒ  Higher turnover with newly listed homes
  • 18.
  • 19. Days-on-Market by ā€œQuartileā€ DoM in most expensive price segment (black line) compared to middle & lower price segments
  • 20. Market Activity by ā€œQuartileā€: Market Action Index The bottom 50% of the market has the most activity ā€“ Implications for both Sellers AND Buyers?
  • 21. Characteristics per Quartile (Danville, CA) Less activity at top of the market ā€“ higher DOM, fewer new listings & exits
  • 22.
  • 23.
  • 24.

Editor's Notes

  1. First question: ā€œHowā€™s the market?ā€ how do you answer?
  2. Next question, just for my edification, ā€œwhen you think about your marketing efforts, how do you prioritize A) lead gen B) lead conversion (into buyer or listing) C) closing transaction