easy · National Real Estate Exam valuation
At a brokerage training meeting, Cameron Chen evaluates this fact pattern: A licensee prepares a comparative market analysis to help a seller choose a listing range.
How should the licensee handle the situation?
- Call it an appraisal because comparable sales were used.
- Replace all market evidence with the assessed value.
- Present the CMA as pricing analysis, not an appraisal.
- Guarantee that the property will sell at the midpoint.
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