Estimating market value


Assignment:

Q1. Discuss the differences between the following types of listing agreements: open, exclusive agency, and exclusive right to sell. Which type do brokers most likely prefer? Why?
 
Q2. Why is highest and best use analysis important in estimating Market Value?

References : Allen, Charles F. Floyd and Marcus T. Real Estate Principles, 10th Edition. Dearborn Real Estate Education, 40550.0. VitalBook file.

Each answer must be in 250 words, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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