Real Estate Appraisal and Valuation Crash Course (25 Minute Exam Prep)
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- čas přidán 27. 06. 2024
- Join 2-10 and protect your clients against buyer’s remorse: www.2-10.com/dg22/
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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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📝 Not ready for a course? Try our free practice exam:
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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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Join 2-10 and protect your clients against buyer’s remorse: www.2-10.com/dg22/
Thanks so much 2-10 for sponsoring this crash course!
Finally, I found a video that explains the concepts of the terms and not just showing questions and answers. Thank you!
I passed my exam yesterday!!! All of your videos are awesome. They really helped me with studying and just having different terms and concepts was such a huge help. Thank you!!
HE IS REALLY GOOD --- AND HE EXPLAINS EVERYTHING VERY WELL ---
Your videos are so much better than my prelicensing course and another exam prep I bought online
I love these 30 minute crash courses… having terms and definitions is good but the crash courses help me to piece them together. For example: making the connection between obsolescence, depreciation and valuation. I really appreciate your channel because I am not going to a traditional school to learn real estate. Keep up the good work!
Glad to hear that!!!! Thanks so much for the kind words.
Today, I passed Ohio real estate exam on the first try. Thanks Mr.Wizard, your video are really helpful…Give you big big 👍👍
Great job! Congratulations! Thanks so much for the nice comment!
I passed my final exam on 30hr !
Congratulations Lisa! Happy to hear that.
Congratulations 🎊
@@RealEstateLicenseWizard Thanks 😊
@@vb1258 Thanks😊
Congratulations
As always brilliant presentation. Thank you Zack.
Thanks for the information!!!
The one positive of our small town blowing up during the pandemic is that my mom & boyfriend’s houses appreciated $3-400,000!
Thank you for this!!!
You're so welcome!
This video is awesome 👍🏼.
thank you so much for these videos
Glad you like them! Thanks so much! Reach out if you need any help with the materials.
Wow! Love it! 👏👏👏👏 Love the way he explains, his a very good teacher, I understand pretty much everything he says, he makes it so easy to understand, enjoyable way to learn,... Thank you so much for this videos 🤍💫
I’m starting to look for “schools” to get my trainees license and I’m coming into this not knowing anything about appraisals and I’m an open book for any good information I can get!
Please can someone answer me if this for Illinois too thanks
Yes! All of the crash courses apply to all states! Sorry for the delayed response!
Glad I ran into this video I missed passing yesterday by 4 points 🥲 but I’m trying other methods and videos currently under prep agent!! I need all the study tools and videos to pass this test 🙏