Sales comparison approach - Study guides, Class notes & Summaries

Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? A. Emblements B. Personality C. Fixtures D. Appliances - Answer- C A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: A. salesperson and the seller B. salesperson and the buyer C. salesperson and the listing broker D. salesperson's broker and the selle...

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified

Texas Real Estate Principles 1 - Unit 1 Exam questions and answers latest top score. The Committee has _____ members appointed by the Commission. - correct answers.12 The __________ is a statute that is administered and enforced by the Texas Real Estate Commission (TREC), which is a state agency. - correct answers.Real Estate License Act A successful career in real estate requires someone to: - correct a self-started. A peak is characterized as the __________ turni...

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified What is created in the mind of an individual or market participant? Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) True What does not include physical mobility, but rather the control...

What can proper drainage do for a building site? - Protect the foundation The ______ method converts a single year's expected income (or an annual average) into a market value. - Direct Capitalization Basic property rights include the rights of possession, control, exclusion, enjoyment, and ______. - Disposition What type of value may consumers be interested in if they are looking for the potential rate of return? - Investment Value How are adjustments made in the analysis used in the sa...

McKissock-3 Residential Sales Comparison and Income Approach

Sales Comparison Approach McKissock Class 2023 Questions and Answers 100% Verified What is created in the mind of an individual or market participant? Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) True What does not include physical mobility, but rather the control...

Well-structured MAC4863 Assignment 2 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). ... Question 1 (25 marks) (This question comes from the Jan/Feb 2024 supplementary exam) Eagle Logistics (EL) was started many years ago when its founder Amir Singh, invested his retrenchment package into establishing the business. Amir has retired and handed over the business to his two sons, Hassan and Rohan. EL is a specialist in international logistics solutions with i...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

What is created in the mind of an individual or market participant? correct answers Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? correct answers Desire As the term applies to appraisal, transferability refers to the number of goods and services that can be purchased with a unit of currency. (T/F) correct answers True What does not include physical mobility, but rather the control and possession of all the rights o...