Principle of Highest and Best Use: What is it? Real estate license exam questions.

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The principle of highest and best use is one of the many appraisal principles appraisers use to determine fair market value for a property. This video discusses highest and best use, its criteria, real estate appraisal, and what you need to know come exam day.
Here are the chapters for this video, feel free to jump around accordingly:
0:00 Introduction
0:22 Principle of Highest and Best Use Definition
1:28 Principle of Highest and Best Use Example
2:40 Four Considerations to Determine Highest and Best Use
3:01 Contribution and the Real Estate Industry
4:38 What Do You Need to Know for the Exam?
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Опубликовано:

29 июл 2024

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Комментарии : 9

@Rebecavch 2 месяца назад

Well explained! Thank you 😊

@RealEstateLicenseWizard 2 года назад

Thanks so much for watching! Don't forget to check out our website here: realestatelicensewizard.com/

@lynngelski3604 2 года назад

Always Informative, Always well presented.

@RealEstateLicenseWizard 2 года назад

Thank you so much!

@lynngelski3604 2 года назад

My pleasure to acknowledge how you have assisted potential real estate agents reach their goals, such as myself.

@Mystr438 2 года назад

Please explain the factors that point who gets to be debt or credit on peroration?

@sarahcollins3754 Год назад

Hey Zach I need your help!! I don't know if you have the real estate text book or not Im assuming you do. Anyway I had so much trouble with unit 14. It was about closing and closing procedures but the hard part was the prorating. Do you have a video on this ? If you don't can you please make one ? Thank you so much your videos have helped me tremendously!!

@RealEstateLicenseWizard Год назад

Hi Sarah, the chapters are different depending on the textbook, state, and program. In regards to closing and proration I don't have anything yet. I will for sure add the long list of videos to do! Thanks for the suggestion!