Explain how the user market, the capital market, and the government interact to determine real estate value. 2. What are the three rights associated with real estate? List them in the first sentence. Then provide one sentence for each right explaining what that right means or give an example. 3. Explain the difference between transaction adjustments and property adjustments used in the sales comparison approach. Then give examples of at least two transactional adjustments and at least two examples of property adjustments.

Explain how the user market, the capital market, and the government interact to determine real estate value. 2. What are the three rights associated with real estate? List them in the first sentence. Then provide one sentence for each right explaining what that right means or give an example. 3. Explain the difference between transaction adjustments and property adjustments used in the sales comparison approach. Then give examples of at least two transactional adjustments and at least two examples of property adjustments.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter2: The One Lesson Of Business

Section: Chapter Questions

Problem 2.2IP

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