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Today we go through a full Real Estate Appraisal and Valuation Crash Course in around 25 minutes.
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0:00 Real Estate Appraisal FAQ
1:41 What is Value?
2:19 Market Value vs Market Price
2:50 Appraised Value vs Market Value
4:03 What is Appreciation?
4:43 What is Depreciation?
5:10 The Three Types of Depreciation
8:08 What is a Real Estate Appraisal?
8:48 Real Estate Appraisal Types and Purposes
12:06 Who Performs Real Estate Appraisal
12:44 An Appraisal is an Opinion
13:45 Appraisal Influences and Attributes
14:14 Difference Between Real Estate Inspection and Real Estate Appraisal
15:51 The Three Appraisal Approaches
18:34 What are Appraisal Principles?
19:20 What is the Principle of Substitution?
20:00 What is the Principle of Conformity?
20:56 What is the Principle of Highest and Best Use?
21:54 What is the Principle of Contribution?
23:07 What is the Principle of Progression?
24:05 What Do You NEED TO KNOW for the Real Estate Exam?
#realestate #realestateexam #realestatelicense
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