Basic elements of Value – Demand, Utility, Scarcity, and Transferability
Basic elements of Value – Demand, Utility, Scarcity, and Transferability Following are the 4 essential elements to consider when determining the value of real estate: S.T.U.D. Elements of Determining Real Estate Value Scarcity: Even if a thing has utility, it is not valuable unless it is scarce. Air is certainly useful for breathing but is […]
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