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Download as PDF; Printable version; In other projects ... Help. Pages in category "Real estate terminology" The following 58 pages are in this category, out of 58 ...
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...
Real estate appreciation refers to the gradual increase in the value of an owned property over time. This increase in value can occur due to various reasons, such as shifts in the real estate ...
An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner. [1] [2] AVMs are Statistical Valuation Methods and divide into Comparables Based AVMs and Hedonic Models.
[2] [1] Through BPOs, real estate professionals can improve their skills in property inspection, market knowledge, evaluation, and property pricing. [6] At a price of US$30–$100 per BPO, [5] the work can provide side income or steady income for real estate agents. [1] Agents may also create working relationships and a rapport with financial ...
A food safety expert weighs in on flour bugs, also known as weevils, that can infest your pantry after one TikToker found her flour infested with the crawlers.