From the course: Real Estate Analytics
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Comparing your days on market to the NAR average
From the course: Real Estate Analytics
Comparing your days on market to the NAR average
- [Instructor] Days on market vs average from NAR. NAR is the National Association of Realtors. Okay? So the really cool thing with, is you want to compare your numbers when NAR or your local association tracks on of how you are doing. I know in San Diego County that the average days on market is X, and I also know that the average days on market that we produce, is much lower than that. So I know we outperform because I track that. We track it on a weekly basis. Okay? So, we wasn't always that way. I mean when we started tracking some of these numbers, we realized that we were underperforming or weren't doing as well as the national average. So we set goals, we set projects in place, we set tasks in place to get better at that 'cause I always wondered, have you outperformed what the national average is. Sales price vs estimated ARV. So what did you actually end up selling the house for vs…
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