The term absorption rate refers to a metric used in the real estate market to evaluate the rate at which available homes are sold in a specific market during a given time period. It is calculated by dividing the number of homes sold in the allotted time period by the total number of available homes. How do you know what type of market we’re in? Are we in a buyer’s or seller’s market? To find out, you have to know the market absorption rate. This measures how long it would take to sell all available homes on the market if none were added. To learn more about the importance of this term when working with clients, watch this short video.
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Cliff comes to eXp Realty with 30+ years of real estate and mortgage experience including 10 years as a professional coach. He has personally coached over 500 top real estate professionals across North America and his portfolio of clients range from sole practitioners to large teams generating over $150,000,000 in annual sales. As the producing owner/broker of a boutique firm in DFW, he pioneered the virtual brokerage model several years ago.
A highly sought-after leader in his field, Cliff’s main areas of focus and expertise include self-leadership mastery, business and strategic planning, people intelligence, team dynamics, best-of-breed lead generation systems, lead conversion, PPC, marketing, operations and finance. He is also a “trainer of trainers” and published author.
Cliff Freeman
The Cliff Freeman Group | eXp Realty
130 N Preston Rd. Suite 102 Prosper, TX 75078
(469) 804-0000
Cliff@CliffordFreeman.com
www.dfwsearch.house
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