asked 163k views
4 votes
a person is offered $100,000 for his condominium. other condos with similar amenities and utilities are selling for $100,000. this is an example of: select one: a. competition b. change c. contribution d. substitution

1 Answer

5 votes

Answer:

competition

Step-by-step explanation:

When pricing real estate, one of the most basic tasks is to get the prices of similar properties in the immediate area. These are referred to as "comps."

answered
User Sukhjeevan
by
8.9k points
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