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How to Market Watch: Overview
How to Market Watch: Overview
Clay Watson avatar
Written by Clay Watson
Updated over a week ago

Introduction

Understanding the real estate market is crucial for making informed decisions. Perchwell's Analytics feature empowers users with essential tools to monitor market trends and analyze key data points effectively. This guide will walk you through utilizing Perchwell for effective market monitoring.

Key Market Monitoring Tools Perchwell's Analytics:

  • Key Features: Access pre-made charts covering crucial data points such as Days on Market, Sales Price, and Listing Volume.

Customization and Filters

  • Tailored Analysis: Apply customizable filters from your main search to the Analytics section. Create charts that reflect your specific market segments using saved searches.

  • Filter Management: Rearrange and refine filters to focus your analysis on relevant data points.

Understanding Key Market Indicators

  • Days on Market: Track how long listings stay on the market to gauge demand.

  • Sales Price: Monitor property prices to identify market trends.

  • Listing Volume: Observe the number of listings to assess market activity.

Staying Updated with Market Changes

  • Real-Time Updates: Your saved searches and charts in Analytics update as the market changes, ensuring you always have the latest data.

Integrating Market Insights into Decision-Making

  • Data-Driven Strategies: Use customized charts to understand market trends, evaluate property values, and identify investment opportunities.

Best Practices for Effective Market Watch

  • Regular Engagement: Familiarize yourself with Analytics features and regularly review market data.

  • Continuous Learning: Utilize Perchwell U and our help articles for training and guides to enhance your market analysis skills.

Reporting and Sharing Insights

  • Creating Reports: Generate and share market reports with your company’s branding and contact information.

  • Sharing Options: Save as PDF or email directly from Perchwell for seamless distribution.

Educational Resources and Support

  • Perchwell U: Access a wealth of resources, including courses, guides, and live training sessions.

  • Support Team: Reach out to Perchwell’s support for any queries or assistance.

Conclusion

With Perchwell’s Analytics, you're equipped to watch the market with precision and clarity. These insights not only inform your strategies but also add value to your client interactions and decision-making processes.

Need More Help?

For additional guidance on market watching or any other Perchwell features, our support team is ready to assist you. Reach out for personalized support to maximize your market analysis capabilities.

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