In real estate valuation, what does reconciliation entail?
Analyzing the six factors that determine land value, paying special attention to transportation linkages and infrastructure.
Two or more different value indicators are analyzed, weighed according to their reliability and relevance, then combined into a single value.
Doing market research to determine the highest and best use of the subject property.
Apologizing to your spouse or significant other for spending too much time doing real estate valuation.
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