In order to determine which transactions are comparable and can be used as points of reference, agentsneed to be up to date with local market conditions, sales and rental activity.

| August 14, 2017

In order to determine which transactions are comparable and can be used as points of reference, agentsneed to be up to date with local market conditions, sales and rental activity. In reference to comparablesales, agents need to know the type of sales that have occurred, how they were sold and the values of thecomponent parts associated with those sales. When dealing with rentals, agents need to be aware of thetype of rentals available, price ranges and rental terms.For the purposes of appraisin …

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