14% of all vocabulary on the real estate exam is appraisalbased. That's a lot!
✅ Get our exam prep package and our exam crash course videos! https://bit.ly/46L59T9
Here are 10 important real estate terminology words you HAVE to know for the exam.
Knowing these real estate vocabulary words will help you out the most on the exam. That's because these are the fundamental words that you will see the most come exam day. So, get out your pen and paper because you're going to master them in the next 10minutes.
Chapters:
00:00 How many appraisal questions are on the exam?
00:18 What is an appraisal?
00:46 What are comparables?
02:09 What is a driveby appraisal?
03:23 What is an appraisal report?
03:57 What is a trade fixture?
05:21 What does ad valorem mean?
06:50 What is a sales comparison approach?
08:35 What is an income approach?
09:51 What does depreciation mean?
12:01 What is zoning?
#realestatevocabulary #realestateappraisals #realestateterminology
_____________________________________
FOLLOW US ON SOCIAL MEDIA:
• Facebook: / usrealtytraining
• Twitter: / carealtytrain
• Instagram: / carealtytraining
• LinkedIn: / carealtytraining
_____________________________________
Like and subscribe (and hit the bell icon!) that's the best way to get notified when we release new helpful videos like the one you just watched.
Doing so helps our channel grow so we can continue producing great content to help you take your real estate career to a new level. It also helps other people interested in real estate find our channel so they can learn more about the world of real estate like just like you are.
Thanks for watching–we'll see you in the next video!