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jeka94
1 year ago
14

What is the primary reason for analyzing sales history of the subject and comparable sales?

Business
1 answer:
snow_lady [41]1 year ago
8 0

The primary reason for analyzing the sales history of the subject and comparable sales is to Determine that flipping actions have not occurred.

The appraiser prepares a report stating the estimated market value of the property. An appraiser will perform a physical inspection of the property and review relevant information that may affect the value of the home, such as B. Square footage and the number of bedrooms.

The purpose of the evaluation is to state the reasons and scope of the evaluation order. H. Estimating defined values ​​for property division, or performing analysis or consulting work related to property decisions.

The term sales comparison approach refers to a property valuation method that compares a property to comparable or other recently sold properties in areas with similar characteristics. Realtors and appraisers can use the compare-for-sale approach when valuing properties for sale.

Learn more about sales here brainly.com/question/25743891

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