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1 year ago

In pricing a property, what might expired listings tell the real estate professional?

Business

1 answer:

Fynjy0 [20]1 year ago

4 0

The price at which a property won't sell.

<h3><u>What are expired listings?</u></h3>

The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.

These are four methods for obtaining leads from expired listings:

Make Use of the Multiple Listing Service (MLS) to find expired listings
Buy Expired Listings
Ask Other Real Estate Agents
Access public records.

Learn more about expired listings with the help of the given link:

brainly.com/question/14446560

#SPJ4

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Kate's Diner offers one breakfast item, a breakfast special. The market price for this meal is $5. At her profit-maximizing leve

bazaltina [42]

Answer:

keep producing in the short run but exit the industry or go out of business in the long run

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.

A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run

6 0

3 years ago

What actions could employers and government take to encourage saving in society?

notsponge [240]

They can set good examples of people who practiced savings and the result it gave them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter.

3 0

2 years ago

Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own man

Ilya [14]

Answer: Please see explanation for answers.

Explanation.

SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

Budget | Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A responsibility accounting performance report is a budget that makes comparison of actual and budgeted amounts under the controlled costs in a department .Here utilities and rent costs cannot be controlled so will not be included.

Responsibility accounting report for the snowmobile department.

Budgeted Actual Over/Under Budget

Controlled costs

Raw materials 19,990 19,920 -70

Employee wages 10,900 11,210 310

Dept. manager salary4,800 4,900 100

Supplies used 3,850 3,670 -180

Depreciation- Equip.6,500 6,500 0

Total 46,040 $46,200 160

Calculations .

Over/Underbudget = Actual - Budgeted amount.

Raw materials =19,920-19990= -70

Employee wages 11,210-10,900= 310

Dept. manager salary4,900-4800=100

Supplies used 3,670-3850= -180

Depreciation- Equip.6,500 -6,500 =0

3 0

3 years ago

How can exchange rates change to reduce the wage differential between countries

andrey2020 [161]

Answer:

The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.

Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.

Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.

4 0

3 years ago

Why do we use a plug key in the circuit?<br>

madam [21]

Answer:

we use a plug key in the circuit because to avoid from the electric shock ...

6 0

2 years ago