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Cost Approach in Real Estate

When working in real estate, especially as an agent, it’s critical to understand how real estate valuation works. Keeping that in mind, we’ve broken down the cost approach, one of the three most prevalent ways of valuation. You can learn …

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Market Data Approach Definition

Real estate valuation is required for various purposes, including financing, sales listing, investment research, property insurance, and taxation. However, the most common use of real estate valuation is establishing the asking or purchase price of a piece of real estate. …

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Real Estate Contract Guide

Contracts are the cornerstone of every real estate transaction, whether commercial or residential. Real estate professionals and real estate exam takers need to be familiar with the various aspects of real estate contracts. Inside this article, we’ll cover contract validity, …

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Option Contracts in Real Estate

When a seller lists their home for sale in the traditional real estate market, they have the option of considering a variety of purchasers and selling to anyone they choose. However, when an option contract is added to the equation, …

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Implied Contracts in Real Estate

As we have discussed, there are numerous types of contracts in real estate. These contracts must be legally binding and are typically a written agreement. Every day, implied contracts are made in little ways. Throughout this article, we will help …

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Executed Contracts in Real Estate

There is a wide variety of real estate sales contracts, and it is essential to know what makes up each one. Executed contracts may seem challenging to understand in all the legal terms, but it’s pretty simple, and we’re here …

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