A sales doing a competitive market analysis (CMA) to arrive at a listing price for a property would be LEAST concerned with:
A. The Sale of comparable properties in the neighborhood.
B. The original price the owner paid for the property being listed.
C. The listed prices of comparable properties in the neighborhood.
D. The number of similar properties for sale in the neighborhood.
Answer: B. The original price the owner paid for the property being listed.
You might also like to view...
Victory Tire Company makes a special kind of racing tire
Variable costs are $210 per unit, and fixed costs are $30,000 per month. Victory sells 700 units per month at a sales price of $310. If the quality of the tire is upgraded, the company believes it can increase the sales price to $350. If so, the variable cost will increase to $240 per unit, and the fixed costs will remain the same. If Victory decides to upgrade, how will it affect operating income? A) Operating income will decrease by $7,000. B) Operating income will decrease by $21,000. C) Operating income will increase by $21,000. D) Operating income will increase by $7,000.
Web sites can be classified by purpose as represented by the term:
A) matrix sites. B) international sites. C) geographic sites. D) promotion sites. E) regional sites.