Details Title: Real Estate Appraisal-(Article)Test 1 Description: Identifying an Well-Founded Market Analysis Total Flash Cards: 9 Created: 10/04/2009 14:45:55		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Real Estate & Planning Flashcards
Cards in this set: Term Market Analysis seeks to... Definition measure supply and demand for a particular point in time Term Most market analysis are _____ but should be _______. Definition "A Pile of Parts" "Shows logic and how parts relate" Term What are functions of rent per space? Definition current rents concessions ratio of change in the market supply to change in demand Term What does Sharkawy say is a major error that appraisers make? Definition dont account for tenant concessions, and other discouns applied to rents Term capture rate Definition projects percentage of total available space Term Adjustments of the capture rate.. Definition distance of competing projects newness of project price or tenant concessions Term Definition Term What is the grandest shortcut of all? Definition Estimating the vacancy and rent escalation with no research at all Term What are the 7 identifying features of a well rounded market analysis? Definition Flow diagram showing analytical logic Justified absorption schedule Justified capture rate Integration of refined primary research Forecast of competing supply Forecast of segmented demand Test a range of values of key assumptions