medium · National Real Estate Exam valuation

At a brokerage training meeting, Morgan Diaz evaluates this fact pattern: Two valuation approaches produce different indications because the available data are not equally reliable.

Which conclusion is most accurate?

  1. Always select the highest indication.
  2. Use the lowest indication to avoid liability.
  3. Weigh each approach by its relevance and data reliability.
  4. Add the indications and divide by the number of approaches.

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