noun
Determining the feasibility of a project of any kind, much less a real estate project is critical to financial viability. The high costs associated with acquiring and developing property, plus added expenses of marketing and producing products for sale, require financial risk. To be financially successful, whether starting a community or apartment project from raw land or targeting an existing development for repositioning, determining the market and financial feasibility for a project is paramount to achieving desired outcomes.
REMA takes the standard feasibility study beyond the boiler plate combining years of experience with a proven formula of Market Research, Product Positioning and Financial Analysis. We use the latest data, plus in-the-field information gathering and research, to understand the competitive set. Product positioning defines the highest and best use product offerings. These elements are used in
financial analysis to develop financial models forecasting absorptions and projecting revenues against anticipated expenses. Clients then have the proper information to make better informed decisions.
REMA provides feasibility studies across a wide spectrum of real estate:
Learn more about how REMA can assist in the feasibility of your project with an initial review. Contact us for a sample feasibility study to better understand our unique approach that has helped hundreds of clients achieve success.
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The Real Estate Marketing Alliance brings together three respected companies headed by four experienced real estate marketing professionals in an alliance to help developers, builders and community associations maximize their sales and marketing objectives.
Put the REMA Team to work on your project. Contact Us to learn more about how we can help increase your business.
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