Whattt? Thanks for the points
A market for existing financial securities that are currently traded among investors is called the Secondary market.
A secondary market is a market for the purchase and sale of existing securities or other assets. They differ from primary markets, where the assets were created. Generally, most investors will only trade on secondary markets.
Transactions in the secondary market are undertaken with other investors rather than the security issuer. The procedure is comparable to buying products from the classifieds or a used car from a dealership rather than the manufacturer.
Stocks and bonds purchased in a retirement plan or through a brokerage account, for example, are traded on secondary markets.
Assume you have two portfolios: one through an employee stock ownership plan and the other through a discount brokerage. The main market transaction occurs when you purchase stock directly from the corporation, like in the first plan. It is a secondary market transaction when you buy in a discount brokerage account through stock exchanges.
Learn more about Secondary Markets here:
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Answer:
The use of comparable analysis in real estate considers value of all components of comparable properties, and estimate price based on sum of features of each property.
So for the $400,000 property that has 3 car garage, we will need to find out the value of one garage.
Then since the garage size is the only difference between the two properties, adjust price downwards by deducting the value of one garage.
Explanation:
No more than 20-30 seconds . Short-term memory has a fairly limited amount of capacity.
