Why comparable sales data is vital

Article Abstract:

In order to ascertain the value of any property including real estate the sale price of comparable property near about the same time frame is necessary. Reference to any previous transaction for the purpose will not point to the correct value of the property. The valuation of property is important to the lender for security ratio maintenance.

Financial management, Real Estate, Real Estate and Rental and Leasing, Mortgages, Capital funds & cash flow, Finance, Valuation, Real property, Company financing

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The benefits of a healthy existing home sales market

Article Abstract:

The proposals for strengthening existing home sales market by implementing national Multiple Listing Service (MLS), a community rating system, are presented. The economic, industry and sales practices impact of such system are also discussed

Strategy & planning, Planning, Usage, Economic aspects, House selling, Home selling, Company business planning

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Cooperation: the soul of a MLS

Article Abstract:

Cooperation implies giving up the traditional way of doing business and thinking in a novel way. Cooperation is inevitable for the success of any Multiple Listing Service.

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