Tapping into New Markets Intelligently

Interested in working in new real estate markets? With a shifting housing landscape, new opportunities are emerging all the time.

Whether you are considering:

  • selling a new type of real estate — for instance, going from residential to commercial;
  • selling a new dwelling type – such as single-family home to condo;
  • or moving neighbourhoods – such as going from the city to the suburbs

it’s important to take your time and assess the risk before making the change.

That is where property data comes in. With quick access to data, you can be sure that you are making the right move for your career and identify potential opportunities before you even make the switch.

The tools that you access will depend on the real estate market you are entering. Some of the most helpful include:

  1. Neighbourhood Demographics Report

Quickly identify the demographics of a neighbourhood, including age range, the percentage of owned properties vs. rented ones, marital status, dwelling types, and more.

This is particularly useful when you are changing selling areas and are entering a new city or neighbourhood you are not as familiar with. The Demographics Report can save you days of on-foot research.

  1. Comparable Sales Report

Search for comparable sales in a particular area by radius, sales time-frame, and price range. This is particular benefit if you are entering a new area or considering selling a new dwelling-type and want to know what the market is like in your current region.

  1. Property Details Report

This report includes an estimated property value, images of the property, access the full legal description, and more. You can even run a property details report for a condo building and see all units in the building and related PINs.

While making the switch to a new real estate market can be a lucrative decision, a little due diligence goes a long way.

The GeoWarehouse reports will help you to be confident in your decision and go into the new market with a clear mind. Access your reports today. Call 1-866-237-5937 or visit www.geowarehouse.ca.