IAAO 102 Questions and Answers Already Graded A

IAAO 102 Questions and Answers Already Graded A Anticipation Value is created by the expectation of benefits to be derived in the future Substitution the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. Market Value means the most probable price which a property should bring in a competitive and open market under all conditions. 5 Analysis Questions for Investors - 1. How much it cost? 2. How much will I get back? 3. When will I get it back? 4. What are the risk? 5. What are some comps ROI compared to my interested property?