Which term refers to all properties in a specific price range within your serviced area?

The term that refers to all properties in a specific price range within your serviced area is "Economic Farm." This concept is used in real estate to identify and target a geographic area where an agent intends to specialize or focus their marketing efforts. It allows agents to concentrate their resources on properties that fall within a particular price range, enabling them to develop expertise and a strong presence in that area.

In real estate practice, focusing on an economic farm can enhance an agent's ability to understand market trends, property values, and client needs within that specific range. This specialized knowledge can lead to better services for clients looking to buy or sell homes in that economic demographic, making it easier to provide tailored advice and recommendations based on local market conditions.

The other terms relate to different aspects of real estate but do not specifically denote a price range of properties as effectively as "Economic Farm." For instance, while "Market Segment" refers to a group of potential customers sharing similar characteristics, it does not inherently define a physical area or price range like an economic farm does. "Neighborhood Cluster" denotes a grouping of locations or properties within a neighborhood, but again, it does not limit itself to a specific pricing structure. "Property Range," although suggestive, is not a recognized term