Discuss your answers (rankings) and explain your decision-making process. What criteria did you use for ranking certain properties higher or lower, and wh

Chapter 4: Evaluating & Pricing Property
PART 1:  Rank the six homes described below as potential comparables for the subject property. (The best comp will be ranked number one). Constructing a comparison chart will help evaluate the information given, but are not required to turn it in.

Discuss your answers (rankings) and explain your decision-making process.

What criteria did you use for ranking certain properties higher or lower, and why?

PART 2:  The listing agent successfully negotiated a sales price of $450,000 for the subject property described in PART 1.  Unfortunately, the lender’s appraiser has estimated the property’s value to be only $435,000.

Identify and explain the various options available to the agent.

Discuss your answers (rankings) and explain your decision-making process. What criteria did you use for ranking certain properties higher or lower, and wh
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