Make believe that you are a real estate agent in Florida, and that you are worki

Question

Make believe that you are a real estate agent in Florida, and that you are working with a retired couple from out of state. The couple is considering purchasing a retirement home in Boca Raton. In order to make informed decisions about buying a house, they first need to understand the Boca Raton real estate market.

For this discussion, identify what you consider to be the three most significant or descriptive home parameters (that is, price mean, price mode, home size mean, home size mode, and so on) to give your clients an understanding of the Boca market, and justify your selection.

Explanation / Answer

Here the requirement of the client is to buy a home in Boca Raton. Being a real estate agent the individual is to show different homes in different locations of the region. Before showing the list to the client the individual will have to make some analysis on the area based on certain criteria like price, home size etc.

The price of the home with two bed room, one hall and one kitchen will be different for different locations in Boca Raton. First of all he can check for the requirement of the buyers. If they require proper residential area then the price and house size can be different. He can create a list of it and can highlight it to the client. Hence the three significant home parameters include price, home size and location of the house.

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