How To KNOW The Market LIKE A PRO

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  • čas přidán 3. 11. 2018
  • Best ways to learn your real estate market like a pro and become a local market expert. When you know your market, you get more listings and you get more buyers. Homeowners trust you more as the REALTOR® for the area because you are the most knowledgeable just because of the information that you know. All markets are different so it's important to note, you must choose a real estate market that you want to work. It cannot be the whole city. It would be impossible to really know the whole city unless you were working in a small town.
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    Chastin J. Miles is a licensed TX real estate agent with eXp Realty
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Komentáře • 159

  • @NicoleByron
    @NicoleByron Před 5 lety +31

    I’ve watched this like 8 times lol! Really taking what you say to heart. Really learning my area. I’m in Orange County California! Specifically south OC. Average home is around 800k in my area. I’m only a week or so into this industry but I’m obsessed! Love it all. Thanks again for the info Chastin! 👊🏼

    • @Noway976
      @Noway976 Před 2 lety +1

      How’s that been going for yah? I’m in south oc too

    • @gimmethatquan5309
      @gimmethatquan5309 Před 2 lety +1

      Hi! It's been 3 years since this comment. Any tips or suggestions you'd like to pass on, Nicole? Please and thank you!

  • @kayvallance9560
    @kayvallance9560 Před 4 lety +1

    Wow! Subbed-so much content squished into 6 minutes. Thank you for not filling up with filler. I'm definitely going to be watching this again.

  • @lunaselenech8247
    @lunaselenech8247 Před 5 lety +5

    I need to start studying my market in the high desert area CA. Thanks for the tips!

  • @nyakerr6842
    @nyakerr6842 Před 3 lety +2

    I’m going to start studying my market. Thanks for the advice.

  • @dariomamborealestate9683
    @dariomamborealestate9683 Před 4 lety +3

    Im learning every day bout my market. Excited to see where 2020 will lead

  • @MoSellsATL
    @MoSellsATL Před 5 lety +1

    Awesome Video! Atlanta is where I'm at, gonna start implementing everything you said!

  • @joyj2851
    @joyj2851 Před 5 lety +3

    This was so helpful. Exactly what I was looking for thank you!! New Maryland Realtor

  • @NicoleByron
    @NicoleByron Před 5 lety +4

    ALWAYS LOVING YOUR VIDEOS

  • @RandyReynolds
    @RandyReynolds Před 4 lety +1

    Being a local real estate expert is important. I’ve been riding through neighborhoods in my community during this pandemic and making weekly reports to show leading indicators for where the market will go.

  • @spencemcmorris7686
    @spencemcmorris7686 Před 2 lety

    I love this, thanks Chase

  • @rodneywalker8153
    @rodneywalker8153 Před 5 lety +1

    Very helpful information!

  • @ricardoobregon018
    @ricardoobregon018 Před 3 lety

    wow. thnx u so much. u are them man, learned a lot

  • @cynthiaharrishomes9150
    @cynthiaharrishomes9150 Před 4 lety +2

    I'm studying my market area in Oakland, CA. Average home is around $800k in my farm. I found you today and I'm so glad I did. Thank you Chastin - great info!

    • @jae1757
      @jae1757 Před rokem

      How are you studying the market where can one start first?

  • @skhawkin
    @skhawkin Před 5 lety +1

    Northern Virginia/DC Metro Area - thanks Chasin for all of your helpful and valuable information. Hawk, Esq.

  • @joannacosta9137
    @joannacosta9137 Před 3 lety

    Hi Chastin, I really enjoyed your video I am new as a Real Estate, I like how the tips you talked about : drive by neighborhoods, know the streets, preview homes in your neighborhoods. This does not cost money just our time to go and see for ourselves. In my market I like on the CC of California. Our average sale of a home 500kto 700k it varies, In our area. I need to learn how to study the Market. So I feel more confident.

  • @julioramirez2249
    @julioramirez2249 Před 3 lety +1

    Thank you for sharing Mr. Miles, I'm in the South Gate Los Angeles area so I will be studying this market and also Buena Park (Knotts Berry Farm) area where I grew up (:

  • @analesejoseph8854
    @analesejoseph8854 Před 2 lety

    You’re one of my favorite realtors on CZcams!

    • @ChastinJMiles
      @ChastinJMiles  Před 2 lety

      Thank you! That made my day. Let me know if I can help with anything.

  • @alexshamercedes7039
    @alexshamercedes7039 Před 2 lety

    I love your stuff

  • @tq325
    @tq325 Před 3 lety

    Thank you for these tips!

  • @jenniferfaggett2389
    @jenniferfaggett2389 Před 3 lety +1

    The entire video was valuable! 11 months EXP Realty

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      Nice! If you go to eXp Con and see me, say hi!

  • @mimijenkins9733
    @mimijenkins9733 Před 5 lety

    Great advice! I always look forward to your videos. I feel like an expert and I haven't even started my real estate class yet!

  • @amariehomesofthecarolinas104

    I've been in real estate for a year now and just learning the importance of knowing my market. Thank you for this helpful information. I am going to make a list of everything you said and start implementing them. I live in Charlotte, NC by the way. The average price in the area where I farm is approx. $300K. I love your website, CZcams channel, podcasts, etc. Learning a lot from you Mr. Miles!

  • @MichaelKoleini
    @MichaelKoleini Před 5 lety

    This is what I need to learn!!! Thanks for this, if you can go deeper please provide the info. Love your videos

  • @ericasmith5759
    @ericasmith5759 Před rokem

    Thank you for the information. I'm a blooming Realtor in Hampton Roads area of VA.

  • @KeysxPeace
    @KeysxPeace Před 5 lety +2

    I’ve been waiting for this video.

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety

      Nadjee Keys did it help you!??

    • @KeysxPeace
      @KeysxPeace Před 5 lety

      Chastin J. Miles Yes it did! Thank you very much

  • @jgordy52
    @jgordy52 Před 5 lety

    Northwest suburbs of Chicago. I’ve only been down in IL for about a year so I’m constantly trying to memorize roads and neighborhoods! I love my market! Great video!

  • @ernestinephillips9862

    Love it. Just became a Ca real estate agent. Just signed up for the MLS. This is right on time

  • @AshCalhounHomes
    @AshCalhounHomes Před rokem

    Hi! This is Ashleigh Calhoun- 2 weeks in the business. I am beyond grateful to have found your page. I cannot express it enough. There is so much to learn, and I have been feeling super overwhelmed, than super excited, then, super stressed out, than super overwhelmed, lol! Thank you for making these videos! I am in Washington state, my market is the greater east side, Kirkland, Bellevue, Woodinville and Bothell. Price point over here is there an 850,000 currently. Thank you! I’m gonna find you on every social media platform I can.

  • @realestatepierre
    @realestatepierre Před 2 lety

    Oldie but goodie

  • @dlew86no72
    @dlew86no72 Před 5 lety

    HEY! Thanks for all this info. man your really inspirational to me and laying an amazing blue print for me to be successful as I start my career in RE. I just finished classes and will be taking my test somewhere around the 25th of Feb. Lived in Dallas my whole life and now I'll get to help people find homes in my city. Hopefully I can meet you one day because your because you've been a big part of my personal outlets for success! Keep the Vids coming !

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety +1

      For sure! I'm definitely around. If you see me out don't hesitate to say hello.

  • @AshCalhounHomes
    @AshCalhounHomes Před rokem

    My biggest Takeaway was the whole thing! Honestly, lol! This was just so great! Thank you!🙏

  • @dixsonsalazar592
    @dixsonsalazar592 Před 3 lety

    Hi Chastin, thank you so much for this video! I just got my license and I'm a bit overwhelmed on how to get started but this video was very helpful. I'm going to be working in the Downingtown PA area.

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      Glad it was helpful! Best of luck with everything. Let me know how I can help you.

  • @zevfrankel4654
    @zevfrankel4654 Před 3 lety

    Hey Chastain,
    I'm a new agent in Atlanta, GA and I'm currently focused on becoming a market expert for my hometown in Sandy Springs (30342) before I really set off on getting clients and being active. This video helps a lot. Thank you!

  • @Lipstrodamus
    @Lipstrodamus Před 3 lety

    Great video!

  • @GabrielaCfablvrealtor

    New agent here , wanting to know how to study my market but its all new info , also Las Vegas area 🎲!

  • @liesafleming-lnmrealtyllc-9131

    I would really like to start getting more familiar about my market. This year will be my 3rd year in RE, I would like to hit the ground very hard. I actually recently get out of my comfort zone and doing some videos. But I will continue to to watch you Chastain. You are amazing

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      Yes, keep watching! Listen to my podcast also, I do a lot of coaching on it.

  • @swingline76er
    @swingline76er Před 4 lety

    I am a future agent, this video was an eye opener!

  • @TheDevina123
    @TheDevina123 Před 3 lety

    Denver CO. thank you so much for your content.

  • @jodikaili6491
    @jodikaili6491 Před 5 lety

    Your vids are really helpful Chastin! Thank you so much for all the time you put in. Do you have any ideas for choosing your farm area? For some reason, this has been tough for me. Thanks in advance....

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety +1

      You can either do somewhere you are familiar with or you can do it based on the market data you find. 1. how many homes are listed and selling. 2. Are there any agents who do most of the sales. 3. Is the price point comfortable for you, etc.

  • @davidross1332
    @davidross1332 Před 2 lety

    I'm taking the pre licensing course for Tennessee! I'm beyond ready and have been studying so much stuff related to the field. I'm focusing in Murfreesboro, TN!

  • @aubreeanafreeman180
    @aubreeanafreeman180 Před 4 lety +1

    I'm in Mesa Arizona, average home price around here is 310k-340k currently

  • @leslycordon4664
    @leslycordon4664 Před 3 lety

    I will definitely take your tips to learn my market! I'm in the Central Maryland area.

  • @lasandasheppy712
    @lasandasheppy712 Před 5 lety +1

    Clifton N.J & Nutley Twp NJ $275K TO $850k.. Passaic county... great for relocation & commuter to NYC

  • @freelancershogun
    @freelancershogun Před 5 lety

    Very useful video. Corpus Christi, TX market.

  • @alexiscedillo571
    @alexiscedillo571 Před 4 lety

    I have not even taken my state exam yet and have been glued to your videos . I just got done with my courses and gearing up for the exam but I want to become familiar with all things real estate and get some solid ideas on how to operate my career . Here in Houston !!! from my understanding you're in Dallas so I'd love any and all advice !

    • @kennardianrodriguez7582
      @kennardianrodriguez7582 Před 3 lety

      I learned a lot specifically in terms of local real estate expert and it's difference among other

  • @Roadtrippin_USA
    @Roadtrippin_USA Před 2 lety

    Thank you so much for making this video. Just got my license in Texas.

  • @sonyafmoore
    @sonyafmoore Před 3 lety

    I work in the Kissimme, FL area. Great video

  • @xgaray2024
    @xgaray2024 Před 2 lety

    I’m in Southern California this information is so valuable . Price point is $650,000 and up in my area .

  • @livinginlasvegasnevada6469

    This video is great! It has great ideas that I can implement immediately. I serve the Las Vegas and Henderson Area in Nevada. Would love to assist any of your referrals. However, I do see that most people are moving to Texas lol.

    • @ChastinJMiles
      @ChastinJMiles  Před 2 lety

      Yeah, we've been getting a huge influx. A lot of people from California are moving to Nevada too right?

  • @warriorloyal3621
    @warriorloyal3621 Před 5 lety

    I'm in central Florida area. Things go for about 100 to 150 a square foot...usually closer to 100... Can get a nice house for 180 to 200k and a really nice house for 300 to 400k. East and west cost for go higher tho

  • @HoldLeadersAccountable

    I need to get into real estate

  • @levelupnw
    @levelupnw Před 5 lety +2

    New agent here! Greensboro NC! I'm learning

  • @tracyg363
    @tracyg363 Před 5 lety

    Haymarket, Gainesville, Nokesville, VA - about 25 miles outside of Washington, DC

  • @tightenuptv9030
    @tightenuptv9030 Před 3 lety

    I liked this video. Currently studying my pre-license course in New York (Queens). Because I intend to start shadowing a broker this week, its best I get started on mapping out a target market. Thanks for the info!

  • @kellyj.conley6035
    @kellyj.conley6035 Před 5 lety +7

    Great Advice Chester! Studying Market Data was my biggest take-away. Long Beach, CA $675M - $899M.

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety +2

      Kelly Conley thank you Mr. Kelly! I appreciate you watching and I’ll keep you in mind for any Long Beach referrals in that price point

    • @kellyj.conley6035
      @kellyj.conley6035 Před 5 lety +2

      Thank you! I have been enjoying your high quality content for a long time...this one was truly great! Cheers!

    • @TheKayleeanna
      @TheKayleeanna Před 5 lety +3

      I think you mean Chastin -- not Chester. 😊

    • @kellyj.conley6035
      @kellyj.conley6035 Před 5 lety +2

      Whoops...perhaps I shouldn't have written my comment while driving...damn you spellchecker! LOL

    • @TheKayleeanna
      @TheKayleeanna Před 5 lety +1

      @@kellyj.conley6035 LOL! 😁

  • @audryrosefunke
    @audryrosefunke Před 5 lety +1

    Paused and studied the last 24 hours in my market! Charlotte NC.

  • @sarahjefferson700
    @sarahjefferson700 Před 3 lety

    I do study my farming Market, but not always daily. I am just now doing this daily.

  • @guyjoseph7135
    @guyjoseph7135 Před 3 lety

    Hey new to this channel and I appreciate the value! I will like and subscribe.
    What market are you in ?
    Do you have a course where go deeper about this ?

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      I'm in Dallas. Yes my course is located at learn.chastinjmiles.com

  • @rosasmat137
    @rosasmat137 Před 2 lety

    how do you do the price per sq ft area? Thank you

  • @kaleblouden8707
    @kaleblouden8707 Před rokem

    I'll be starting to study my market; Located in Schaumburg IL

  • @LiveLaughLoveDMV
    @LiveLaughLoveDMV Před rokem

    I am studying my market in Prince George's County Maryland , Upper Marlboro, or is the county and city too large? Should I start with a particular subdivision?

  • @papagrande808
    @papagrande808 Před 3 lety

    Aloha! Brand new agent out here in Orlando/Central Florida area! Thanks for the tips!

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      Thanks for watching Lionel. Let me know if I can help in any way.

  • @jesserevilla992
    @jesserevilla992 Před 5 lety

    I know my Market very well. I live here in Miami. as you know Miami is large, But I know my own township and the two around me.

  • @MrNASKAVETS
    @MrNASKAVETS Před 5 lety +1

    $788,529 - average Sale price in my future market, Brooklyn, NY

  • @BLACKMONGOOSE13
    @BLACKMONGOOSE13 Před 3 lety +1

    76244. Average price point is about $350k and I do not sell all around DFW. I have no problem saying no.

  • @TheBlackopsbeast360
    @TheBlackopsbeast360 Před 3 lety

    I like this plan. I’d prefer to be an expert of one than a jack of all

  • @movetohouston
    @movetohouston Před 3 lety

    I know absolutely nothing about my market. Thanks for making this video!

  • @rogerstewart3138
    @rogerstewart3138 Před 4 lety

    I live in a small town of 2700.i work in a city 20 miles away of 126000.my surrounding towns consist of 4 towns from 5 to 6000.i would like to stay within the smaller towns.but I am a newbie. With a paycheck to paycheck lifestyle and I have a ...TAKE ACTION ..attitude right now.so any advice would be great....shout out from Illinois

  • @swanathomas
    @swanathomas Před 5 lety

    My market is definitely up and coming so its a little rough with price points because of the area.

  • @jodikaili6491
    @jodikaili6491 Před 5 lety

    I'm in Salt Lake City Utah!

  • @rogerstewart3138
    @rogerstewart3138 Před 4 lety

    I also noticed a lot of new construction going up in the Big Town of 120000 but I do not know what's going on

  • @gibbxx
    @gibbxx Před 5 lety

    Bakersfield, California KW

  • @savethyonn9754
    @savethyonn9754 Před 4 lety

    I am David doing real estate in Phnom Penh, Cambodia. It’s booming over here!

  • @mikeminor2737
    @mikeminor2737 Před 5 lety

    I'm in Kenosha, WI (near the Foxconn site). Our median is around 165k.

  • @alexramos3728
    @alexramos3728 Před 5 lety

    Alex from ALEXANDRIA, VA Average list price here is 500k+!

  • @killabeezyyz6389
    @killabeezyyz6389 Před 3 lety

    Greenvale, vic, Australia

  • @tiffanyjlovesold
    @tiffanyjlovesold Před rokem

    How do I study the market?

  • @martinlindsay3057
    @martinlindsay3057 Před 5 lety

    Chastin THANK YOU for this video! I hate that I'm only finding it 7 months after it was uploaded! I've been trying to figure out ways to learn my market here in Charlotte, NC and this is incredibly simple yet helpful advice. We appreciate you! #exprealtyproud

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety

      i really appreciate that! Thanks for your message Martin.

  • @emilycaba2118
    @emilycaba2118 Před 3 lety

    I am currently planning to study the market but am not sure where i would find the data. Would it just be from the MLS i use?

  • @johnyrodriguez9298
    @johnyrodriguez9298 Před 4 lety

    San diego CA?

  • @wholesoulliving1736
    @wholesoulliving1736 Před 2 lety

    Amazing Video:)
    I'm in the San Diego Area! Do you have a connect?

  • @afm398
    @afm398 Před 3 lety

    I know absolutely nothing about real estate so I'm binge-watching a bunch of videos

  • @MrNASKAVETS
    @MrNASKAVETS Před 5 lety

    I am literally 6 hours i business and I am actually trying to choose the market where to practice, which part of Brooklyn to target!

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety

      Is there a certain type of real estate you have more of a passion for?

    • @MrNASKAVETS
      @MrNASKAVETS Před 5 lety

      @@ChastinJMiles I know as a fact that a good man deserve to live in elegant structure (house) and the bigger the rooms are - the bigger the size of the thinking of an individual. So my passion is to sell elegant houses with very spacy rooms. If such niche exists - I am there...

  • @BigDaddyJ45
    @BigDaddyJ45 Před 4 lety

    I’m starting to study the Coral Springs, FL market. Send me some referrals ! Your videos have been a great learning tool from the beginning of my real estate journey. Thank you !

  • @mxroch
    @mxroch Před 3 lety

    My biggest takeaway is that I need to start studying my matket... im in Reno nv

    • @ChastinJMiles
      @ChastinJMiles  Před 3 lety

      Yes, learn as much as you can. Thanks for watching.

  • @Imaboss42095
    @Imaboss42095 Před 5 lety

    How broad of an area, in terms of miles, should "your market" be? And what app do you use to keep track of your market?

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety +1

      Depends on what you're trying to keep track of. I wouldn't necessarily focus on an area in term of miles but more so either a subdivision, a building/complex, etc. It can get expensive and real estate can be very vast to do a mile radius.

    • @Imaboss42095
      @Imaboss42095 Před 5 lety

      @@ChastinJMiles okay I'll definitely start there then. thank you so much for taking the time to actually respond. I planned on getting into real estate in the near future so your videos have been just about an everyday thing for me for a couple of weeks now lol

  • @IsaccLightbournELPASOREALTOR

    El Paso, Texas. $235,000

  • @jareesebagu5871
    @jareesebagu5871 Před 2 lety

    Any Agents in Florida that could give me some info on the market in Tampa

  • @sonia2169
    @sonia2169 Před 5 lety +1

    I dont know market. Just got licensed. Was just telling my husband last night going to see if there are any magazines that can help with that so subcribe.

    • @ChastinJMiles
      @ChastinJMiles  Před 5 lety +1

      Sonia Rojo did this help?

    • @sonia2169
      @sonia2169 Před 5 lety +1

      Chastin J. Miles it did thank you.

    • @beauty90492
      @beauty90492 Před 5 lety

      Sonia Rojo Most realtor association sites also provide a free report that’s let you know what price points are selling in your area and the average sale days for listings

  • @ryanmoyer1
    @ryanmoyer1 Před 5 lety

    El Dorado Hills, CA - median price $733k.
    Under $1.5M avg. 35 DOM

  • @jamesmike9856
    @jamesmike9856 Před 5 lety

    Chastin do i need a degree to get into the real estate. Also is real estate license require to get into the industry

  • @ineswexler6171
    @ineswexler6171 Před 4 lety +1

    My broker never taught us this.

  • @manueljurado4
    @manueljurado4 Před 4 lety

    Im a future agent so I don’t know anything about my market

  • @briannacurl2728
    @briannacurl2728 Před rokem

    Hello I’m an Agent in Tallahassee Fl would love to be a referral partner 😊