Cost Approach Real Estate | Real Estate Exam Prep Videos

[@TheRealEstateClassroom]

Related Video: Income Approach to Value (Gross Rent Multiplier) - Coming Tomorrow

[@nagahamaekenta]

This is very informative video. Could you eraborate on how to apply sales comparison approach for the land value? I'm wondering how to distinguish the raw land value with the developed land. If it is a raw land, the development cost or site improvement cost should be added. but How...?

[@JAPETHPETER-v4x]

Well explained. Finally I understand the difference between Replacement and reproduction costs.

[@TheRealEstateClassroom]

That's awesome!

[@moniquemaes-ws1ms]

I used a lot of your videos to study and I am happy to say, I passed my Real estate exam the 1st time! Thank you so so much for taking the time to explain things the way you do. Your videos are well explained and in detail where I was able to understand the material and questions being asked.

[@TheRealEstateClassroom]

Congratulations on passing your exam. Thank you for leaving us a comment also. I am glad we were part of your study routine. Best of luck in your new venture! 🥳🥳

[@snapownage001]

great video. helped me clear up this concept in my real estate valuation class

[@TheRealEstateClassroom]

Glad it was helpful!

[@jumpmanpapi7542]

You're amazing. Thank you!

[@TheRealEstateClassroom]

You're welcome!

[@JustReadTheBible]

So glad to have found your channel! I don’t know why I’m so confused by the appraisal approaches, this is helping me very much. Thank you 🙏🏻

[@TheRealEstateClassroom]

Hi Kelly.... We are glad you found the channel too.... best of luck with your studies 😁

[@stephaniedblendo1081]

Love your videos, Paul... you SOOOOOO helped me pass my exam.

[@TheRealEstateClassroom]

Happy to help! Thank you, Stephanie...

[@PaulaVargas]

Would this numbers be giving to us on our exam?

[@TheRealEstateClassroom]

Hi Paula, yes all the info you need to calculate the problem using the formula will be provides to you in the exam question. Great question, thank you

[@PaulaVargas]

Hey Paul! So can a provisional broker prepare a BOP? Or only A BIC and full brokers are allowed?

[@TheRealEstateClassroom]

Hi Paula... that sounds like a state specific topic. I am affraid I do not know the answer. I'm sorry!

[@carlosmontilla4369]

I'm preparing for my final exam on UBC Foundations of Real Estate Appraisal and your videos are so helpful and summarized my practice books. Thank you :)

[@TheRealEstateClassroom]

Thank you best of luck on your exam!

[@knr4evr]

I really enjoyed your videos but this one becomes muted after the 1st 1/3 part for a while.

[@TheRealEstateClassroom]

Thanks for letting me know. I will lookinto it

[@kristycoleman9272]

This is the time watching your videos. You made this so easy to understand. Thank you. Getting ready to watch the next one. And yeah, just subscribed to your channel.

[@TheRealEstateClassroom]

Hi Kristy... Thanks for subscribing and I am glad the videos are helping with your studies... Thanks for dropping us a comment!!! :o)

[@kevinrutois]

I thought there were 4 approaches? Cost, income, market (sales comp), and capitalization approach?

[@TheRealEstateClassroom]

Income approach uses the capitalization method so they are one in the same... :o)

Hello, quick question I'm an residential appraiser and I'm being asked to add a value to the "As-is" Value of Site Improvements field. The Depreciated Cost of Improvements plus land value gives us the Cost approach value. How do I determine the "As-Is Value ? Thanks

[@ding0389]

Ask your mentor

[@Camsinzi]

🙏🏻

[@prplhyacinth_77]

You are life savior thanks so much

[@TheRealEstateClassroom]

You're very welcome!

[@DavidMatney]

Great stuff!

[@TheRealEstateClassroom]

Thanks, Dave!

[@princesslisondra6121]

very insightful

[@TheRealEstateClassroom]

Thank you

[@DraGnFly007]

Your links are not showing like they used to.😒

[@TheRealEstateClassroom]

I had to remove many of them