Principle of Progression Definition

The principle of progression and regression are two of the main appraisal principles appraisers use to determine fair market value for a property. This article discusses progression, progression examples, regression, regression examples, real estate appraisal, and what you need to …

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Principle of Contribution Definition

Most people believe that if you spend money on improvements to your property, the market value of your property will go up by the cost of the improvement they add, but that is not always the case. Today, we are …

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Principle of Highest and Best Use Definition

The principle of highest and best use is one of the many appraisal principles appraisers use to determine fair market value for a property. This article discusses highest and best use, its criteria, real estate appraisal, and what you need …

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Principle of Conformity Definition

The principle of conformity explains why a property’s fit with surrounding land uses and buildings can affect its value. It concerns compatibility, not a requirement that every building look identical. What Is the Principle of Conformity? The principle of conformity …

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Principle of Substitution Definition

The principle of substitution usually comes up with appraisal and property valuation. It’s essential to understand for investors, property owners, and real estate professionals. In this article, we cover everything you need to know about the principle of substitution. What …

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AceableAgent Review (2026)

Are you thinking about getting your real estate license? When it comes to online real estate schools, AceableAgent is definitely one of the best out there. They offer a comprehensive curriculum that covers everything from the basics of real estate …

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Real Estate License Wizard