Cybernetics and Real Estate
By KennethF
@KennethF (102)
United States
June 1, 2007 6:39am CST
Each neighborhood is a distinct real estate market, related to other neighborhoods in some ways, and to the real estate market in general, but each neighborhood market has its unique situation. A city can have many, many markets. Here is an easy way to sort it out.
INPUTS: people coming into the neighborhood determining value.
PROCESS:what goes on in the neighborhood and surrounding community to determine value in buyers' eyes.
OUTPUTS: What homeowners and neighborhood do to attract inputs, and create a value range, and sense of community, and how homeowners react to buyers' determination of value.
FEEDBACK: What the results are between the value established by buyers and the price accepted by sellers. Neighborhood is defined as either a buyers market, normal market, or sellers market.
Kenneth Fach, REALTOR
Weichert, REALTORS-Anchor, Tallahassee, Florida
Direct/Cell/Text 850-339-5753, http://KennethFach.com
Each office is independently owned and operated.
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