REE 3043 Quiz 2 Questions and Solutions | Grade A+
6 views 0 purchase
Course
Real estate REE3043
Institution
Real Estate REE3043
Factors that affect housing market segmentation include all except:
household size.
household income.
household lifestyle.
household unemployment status.
household age.
️: household unemployment status.
A popular adage in real estate is that property value is all about "location, locati...
REE 3043 Quiz 2 Questions and
Solutions | Grade A+
Factors that affect housing market segmentation include all except:
household size.
household income.
household lifestyle.
household unemployment status.
household age.
✔️: household unemployment status.
A popular adage in real estate is that property value is all about "location, location, location."
However, for most property types in nonresidential realms, non-locational requirements are
,equally or even more important. All of the following are examples of non-locational factors
EXCEPT:
Proximity to modes of public transportation.
Nature of current tenants.
Amount of parking.
Floor plate size.
✔️: Proximity to modes of public transportation.
A very sophisticated, data intensive and statistically intensive method of examining market
segmentation is known as:
survey research.
cluster analysis.
,psychographics research.
discriminant analysis.
regression analysis.
✔️: psychographics research.
Since most data for a given market study is not readily available, analysts must be creative in
their use of data that they are able to obtain. The primary source for detailed household
demographic information is:
the U.S. Bureau of the Census.
not available publicly.
the Federal Reserve.
the local tax collector's office.
✔️: the U.S. Bureau of the Census.
, Which tool would a real estate investor use to seek to describe the human characteristics of
consumers that may have bearing on their response to products, packaging, advertising and
public relations efforts?
Survey research.
Census data and a marker.
Psychographics.
Geographical information systems.
✔️: Psychographics.
In real life, the variables involved in predicting occupancy and rental rate growth parameters
are:
impossible to guess at.
easy to estimate.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Latestupdate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.79. You're not tied to anything after your purchase.
