Sales comparison approach - Study guides, Class notes & Summaries

Sales Comparison Approach McKissock Class Question and answers already passed Sales Comparison Approach McKissock Class What is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? - correct answer 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/...

McKissock Liberty University -Sales Comparison Approach McKissick Class with answersWhat is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? - correct answer 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 answer True What does n...

McKissock-3 Residential Sales Comparison and Income Approach | 77 Questions and Answers 100% Correct | Updated 2024

Sales Comparison Approach McKissock ClassWhat is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? - correct answer 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 answer True What does not include physical mobility, but rather th...

Sales Comparison Approach McKissock Class

Sales Comparison Approach McKissock Class Question and answers already passed Sales Comparison Approach McKissock Class What is created in the mind of an individual or market participant? - correct answer Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? - correct answer 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...

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...

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 UPDATED Exam Questions and CORRECT Answers What is created in the mind of an individual or market participant? - Correct Answer- Value What is the motivation of an individual, group of persons, or business entity involving the purchase of an item? - Correct Answer- Desire

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