Market Data Approach: What is it? Real estate license exam questions.

Real estate valuation has various purposes, including financing, sales listing, investment research, property insurance, taxation, and more. As a real estate professional its vital to understand all aspects of real estate valuation and today we are going to talk about one of the three real estate valuation methods: the market data approach or sales comparison approach. Here are the chapters for this video, feel free to jump around accordingly: 0:00 Introduction 0:30 Appraisal Basics 1:30 Market Data Approach Definition 2:16 How it Works? 3:19 Fives Steps to Market Data Approach 4:15 Market Data Approach Examples 6:03 What Do You Need to Know for the Exam? #realestate #realestateexam #realestatelicense -=-=-=-=- Don’t forget to like and subscribe for more! Want to learn more about the smart way to get your real estate license and start a successful real estate career? Then make sure to visit the Real Estate License Wizard, getting started is easy. Just click the page below: https://realestatelicensewizard.com -=-=-=-=-