Answered

Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

In real estate markets, a transaction occurs only when the investment value of the buyer exceeds the investment value of the seller. The seller's investment value is the ________ that he or she would be willing to pay for a particular property, while the buyer's investment value is the _______ that he or she would be willing to accept

Sagot :

Tutorconsortium330

The seller's investment value is the maximum that he or she would be willing to pay for a particular property, while the buyer's investment value is the minimum that he or she would be willing to accept.

How Is Market Value Determined in the Real Estate Market?

The fair market value (FMV) of a property is the amount it would fetch in a typical market. So, both individuals who own a property and those who are responsible for paying its taxes should consider its FMV.

Every good in a market economy has a value determined by the process of price discovery. The goal of producers and resellers is to locate buyers who have values that are close to their proposed fictitious values. Consumers, on the other hand, bid up or bid down prices based on their shifting perceptions of the worth of commodities. This procedure is flawed and dynamic.

Learn more about fair market value here:

https://brainly.com/question/14002494

#SPJ4

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.