Market Segmentation

Definition of "Market segmentation"

Process of defining submarkets within an overall market. Market segmentation is the process of defining the suitability of a submarket for a specific property. For example, a new home development with one-acre plots would appeal to families earning over $100,000 per year.

Search Real Estate Glossary

Related Real Estate Glossary terms

Incorporeal Property

Legal property rights that don not include possession. Examples of incorporeal property rights are a ...

Agreement Of Sale

Contractual agreement between a seller and a buyer for a future sale ...

Employee Contributions

Workers' premiums in a contributory employee benefit plan. ...

Wetlands

Land located next to water that has and will continue to experience water damage. The land generally ...

Closing

Legal process of transferring a piece of real estate to a buyer. Typically it occurs in the office o ...

Blanket Contract

Policy covering an insured's property at several different locations. This coverage is used by busin ...

Related Real Estate FAQ

How Much Can I Afford ?

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

How Much Life Insurance Do I Need?

Every person has a different idea of what financial security means. If so, should happen to you, how ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Home Prices - The Extra Costs What is the Best Time of Year to Buy a Home? Getting Ready to Sell? Don't make these DIY Mistakes! How To Choose A Realtor How To Get A Loan with Bad Credit

FAQ

What do I need to know about Business Insurance? What does the Real Estate Settlement Procedures Act (RESPA) require? What is a Good Faith Estimate? What is joint tenancy? What does Travel Insurance Typically Cover?