[BLS]TP: While this data release wasn’t a disaster by any stretch, it didn’t help things either — especially following the much stronger than expected BLS jobs figure out the prior week.Builders are (almost) bullish.

Leverage Market DataUse data-driven approaches to adjust your offer strategy: Comparative Market Analysis (CMA): Constantly analyze comparable properties in your target area to understand market trends, price points, and days on market.

Also, ideally, something that allows the landlord to upload receipts and have OCR technology capture and input the data where it needs to be in the system automatically.

Because the total volume of sales for these lots is down, there's potential for a large gap between the lowest-priced active listing, and the most recent closed listing, solely due to the lack of available data (closed sales).

Business is like a high school and most people in real world are emotionally driven and irrational.

You are talking spreadsheet language in the post that doesn't really correlate to real life unless you are very experienced and using this data based on your experience.

Supply & DemandUnlike financial markets, real estate prices and rents are driven by supply and demand.

Ran them several years ago for top of funnel investors, it was ok to start then data started falling fast so we bailed on it

The difficulty is in collecting current rental data of actual rents.

Lastly, for anyone using a CRM, are you able to keep your property data up to date automatically when the home’s status changes (like if it sells or is no longer distressed)?