Although the terms “intrinsic” or “extrinsic” may be unfamiliar to most, understanding what they imply will help explain what makes real estate “valuable,” not just expensive — and why being able to identify these elements is essential.
Source: Inman News
What really matters when valuing a property?
Published in Agent, Brokerage, external factors, Extrinsic, extrinsic market, florida, Florida’s waterways, Intrinsic, Markets & Economy, Opinion, philosophical principle, real estate, real estate value, Select, service and shelter
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