It is senseless to buy an asset without having any prior information about it. Every investor must do market research as a prerequisite before entering the industry. Verifying that the idea is viable and appropriate for the market at hand is the goal. Not all property investors have the patience necessary to properly do a property market study.

So if one wants to be competent in the real estate market then he or she must do a little research.

Market Analysis

Comparative market analysis, which is also known as real estate market analysis. This serves information about the current value of the property in the context of buying and selling.

Real estate brokers and agents provide reports to assist sellers in setting list costs for their properties and, less commonly, to support purchasers in making competitive bids. A market for real estate study provides data that may be used by both sellers and buyers to determine if an asking price is appropriate.

Why Market analysis?

There are many factors behind that trigger to research the property market and this research is to buy a property safely. Besides there are many other reasons.

·Understanding demographic factors will help you predict how the place where you wish to invest will change.

·Determine what factors prevent investment in particular locations.

·Determine if investing in one city over another is a good idea.

·To be aware of investment initiatives in certain locations and to be aware of whether future development may raise the worth of the properties there.

This all research offer the chance of negotiation and save one from overpaying.

How to do analysis?

A well organized and structured approach is required for such analysis. This may be accomplished by organising your study along the four axes of market, demand, supply, and environment. Next, you must formulate the appropriate questions. Analysing market potential and confirming the project's commercial feasibility are the two distinct objectives.

Research on market’s evolution

First one has to study about the volume of the market and the current trends. The probe list for this research is given below:

· Which is the market's size? Specifically, in terms of revenue, clients, and amount sold?

·Market going at this time?

·What goods and services can you buy on the market?

·What are the chances for the future? A market might be expanding or remaining flat.

·What are the most recent trends in the market?

·Who are your main rivals, both direct and indirect? They provide what, exactly?

·What similarities and contrasts exist between your selection of goods and services and those provided by your rivals?

·What rules do you have for buying from you?

·What kinds of terms and conditions may my prospective suppliers provide me? Who are they?