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CALP Course 3 questions and answers graded A+ 2024/2025
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CALP Course 3 questions and answers graded A+ 2024/2025
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CALP Course 3What is the difference between a competitor and a comparable property?
Competitor has different styles. Comparable has the same styles.
Why should you " shop your competition"?
to learn about your competitors from the perspective of a prospective residents
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What are two ways to shop the competition in person?
pose as a real applicant or be yourself
When shopping a competitor online what website characteristics should you look for?
communities, online curb appeal, online reputation, online response time
what are the five key areas to look at when shopping your competition?
product, place, price, promotion and people
What should you include when you are calculating the " total cost of renting" at your
competition?
add-on charges
What is a market survey and why is it useful?
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