14% of all vocabulary on the real estate exam is appraisal-based. That's a lot!
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Here are 10 important real estate terminology words you HAVE to know for the exam.
Knowing these real estate vocabulary words will help you out the most on the exam. That's because these are the fundamental words that you will see the most come exam day. So, get out your pen and paper because you're going to master them in the next 10-minutes.
Chapters:
00:00 - How many appraisal questions are on the exam?
00:18 - What is an appraisal?
00:46 - What are comparables?
02:09 - What is a drive-by appraisal?
03:23 - What is an appraisal report?
03:57 - What is a trade fixture?
05:21 - What does ad valorem mean?
06:50 - What is a sales comparison approach?
08:35 - What is an income approach?
09:51 - What does depreciation mean?
12:01 - What is zoning?
#realestatevocabulary #realestateappraisals #realestateterminology
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Негізгі бет Real Estate Vocabulary: 10 Important Appraisal Terms
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