What is Market Development?

What's the best way to market and get pre-sales in real estate development?

  • I'm going to be building 19 units in Vail, CO and trying to figure out how to define my target market and then sell to them.  I've got a great product, but selling real estate on such a large scale is new to me - especially when what I'm selling only exists on paper at the moment.  What did you see back in the mid-2000's that made you want to buy a place?

  • Answer:

    I'd do research on what people are currently buying. If you talk with Realtors you will find that they are in need a a certain product at a certain price. They might say, I could sell 100 townhouses , 1600 sq feet, under $300,000 if I could find them.  Or Everyone is looking for a 1 level patio home on the west side of town. Talk to the people that are talking to the buyers.

Peter Fischer at Quora Visit the source

Was this solution helpful to you?

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.