Insider Tip To Buy Chicago Luxury Apartments Smarter
Absorption rate is one key data piece that gives you leverage in a real estate negotiation. The trick is to track the ‘absorption rate’ on a monthly basis, each and every month. So that you have a complete story… a trend. And not just a snapshot. If you were to do this, then you’d have a feel on if it’s a ‘buyers market’ or ‘sellers market.’ In a nutshell, this information can be crucial in justifying your position in a negotiation.