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Marina86 [1]
3 years ago
13

Amelia is getting ready to sell her house. Her agent wants to do a CMA to help her determine the listing price. Amelia says it's

not necessary, as she has the appraisal of the home from when she bought it eight years go. Her agent informs her that that valuation is no longer accurate. What principle of value is driving her agent's opinion
Business
1 answer:
butalik [34]3 years ago
5 0

Answer:

Principle of change.

Explanation:

CMA is an acronym for comparative market analysis and it can be defined as an estimate of the value of a house based on the market value of similar houses that were sold in the immediate area where it's located. Thus, it's a tool used by real estate agents to determine or measure the value of a property for a seller.

In this scenario, Amelia's agent informed her that the valuation of eight years ago is no longer accurate.

Hence, the principle of value that is driving her agent's opinion is a principle of change.

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There is no motivation such as appreciation, reward, incentives or growth opportunities in performing the task given by the department chair. The employees did not go through the review of activities and goals before creating the program review.

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Which federal legislation requires lenders to provide consumers with loan cost information?
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3 years ago
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