Related Video: "Sales Comparison Approach to Value (Appraisal) - ua-cam.com/video/v3_PBJwGFTg/v-deo.html Are you ready to take the Real Estate Licensing Exam? Click the link below which will open in Messenger - You will receive 100 FREE Practice Exam Questions - 10 New Practice Questions Everyday! m.me/TheRealEstateClassroom?ref=challenge
I just want to say thank you! Thank you for all the hard work that you put into this series and the slideshows. I was getting a little discouraged when I got to the appraisal lessons in my pre-licensing prep exam coursework! You make it fun and easier to understand! Thank you SO much! I totally subscribed, too! :)
Dios te bendiga Paul! porque entregas tus conocimiento a personas como yo, que tenemos el deseo de salir adelante y trabajar en bienes raices. Un abrazo y que estes muy bien en tus proyectos de vida y profesionales.
Your videos have been very helpful. theres only one other channel that i find helpful as well. amyways, i never leave comments, im not too gresat with computers BUT because i like your videos, i wanted to leave a little feedback. My goal with watching this 3 part series was to learn how to do the math for appraisals. You know something like.. " A house worth ##### today has lost 6% for 6 years. What was its original worth? Im seeing these on the test alot and Im not finding too many videos with the math . Thank You :)
Hi Remi... I created 3 videos on how to prorate property taxes. Prorate taxes using the 360/30 method - ua-cam.com/video/IslRvH7vunU/v-deo.html Prorate taxes using the 365 day method - ua-cam.com/video/IslRvH7vunU/v-deo.html How to calculate property taxes - ua-cam.com/video/Y8un1yjgfII/v-deo.html
Hi Renae.... great and awesome question. Crime! Crime is an economic onsolescence and is curable by change public policy, enforcement, etc. We've seen examples of this all over the country including New York City in the late 80's and 90's... 😄
Question, when you talk about making adjustments through comparison with the sales comparison approach, how would you know really how much value to add or decrease for say a bedroom or garage etc? Thank you, love the course videos.
I think you need to know the square footage of the entire house to figure out how much a square foot costs and then figure out how much another bedroom costs. Elementary. If a square foot is about $2,000 and the bedroom is 15 square feet, then it's going to cost about $30,000.
Thing I don't understand is why would there be so many topics/questions regarding appraisal when we are not studying to be a appraisal but a real estate sales person!!
Not another appraisal video!. This is the most over thought innacurate process out there. Not at all indicative of buyer and sellers attitudes. Ridiculous!
Related Video: "Sales Comparison Approach to Value (Appraisal) - ua-cam.com/video/v3_PBJwGFTg/v-deo.html
Are you ready to take the Real Estate Licensing Exam? Click the link below which will open in Messenger - You will receive 100 FREE Practice Exam Questions - 10 New Practice Questions Everyday! m.me/TheRealEstateClassroom?ref=challenge
Thank you. You are dropping real jewels, and the information you are teaching is very understandable.
Hi Brian... thank you for the kudo's. I appreciate you taking a few minutes to drop a comment. Much appreciated. Best of luck!
YESSSSS
I just want to say thank you! Thank you for all the hard work that you put into this series and the slideshows. I was getting a little discouraged when I got to the appraisal lessons in my pre-licensing prep exam coursework! You make it fun and easier to understand! Thank you SO much! I totally subscribed, too! :)
Hi Angie... I appreciate your comment... thank you
Phenomenal presentation, easy to understand. Thank you!
You're very welcome!
You make it so simple thank you from Denver and GO BIG RED!
Trying to do my best! Right on... GO BIG RED! Best of luck, Christian DIAZ
Seriously 👍
Best explanations on youtube. Shout out from Texas!
Dios te bendiga Paul! porque entregas tus conocimiento a personas como yo, que tenemos el deseo de salir adelante y trabajar en bienes raices. Un abrazo y que estes muy bien en tus proyectos de vida y profesionales.
Gracias
just took the test and there were 4-5 questions on appraisals and depreciation and one on the market value approach
Thanks for the info Donna. This helps me know what types of content questions the exams are asking about....
Great quality content right here! Really appreciate this free class!
Thank you :o)
Your videos have been very helpful. theres only one other channel that i find helpful as well. amyways, i never leave comments, im not too gresat with computers BUT because i like your videos, i wanted to leave a little feedback. My goal with watching this 3 part series was to learn how to do the math for appraisals. You know something like.. " A house worth ##### today has lost 6% for 6 years. What was its original worth? Im seeing these on the test alot and Im not finding too many videos with the math .
Thank You :)
Can you please tell how I can calculate property tax
Hi Remi... I created 3 videos on how to prorate property taxes.
Prorate taxes using the 360/30 method - ua-cam.com/video/IslRvH7vunU/v-deo.html
Prorate taxes using the 365 day method - ua-cam.com/video/IslRvH7vunU/v-deo.html
How to calculate property taxes - ua-cam.com/video/Y8un1yjgfII/v-deo.html
Hi Paul! Is external obsolescence the same as economic obsolescence? Thank you again for the video!
Yes it is... 😀
@@TheRealEstateClassroom Thank you so much!
Can you please give me an example of curable Economic Obsolescence?
Hi Renae.... great and awesome question. Crime! Crime is an economic onsolescence and is curable by change public policy, enforcement, etc. We've seen examples of this all over the country including New York City in the late 80's and 90's... 😄
@@TheRealEstateClassroom Thanks for the response.
@@renaehargis6910 You're welcome
Question, when you talk about making adjustments through comparison with the sales comparison approach, how would you know really how much value to add or decrease for say a bedroom or garage etc? Thank you, love the course videos.
I think you need to know the square footage of the entire house to figure out how much a square foot costs and then figure out how much another bedroom costs. Elementary. If a square foot is about $2,000 and the bedroom is 15 square feet, then it's going to cost about $30,000.
good man, thankyou
You're welcome
Thing I don't understand is why would there be so many topics/questions regarding appraisal when we are not studying to be a appraisal but a real estate sales person!!
Great question... however, since these itwms are on the exam... we have to teach them :o)
how do you know what the value of a bedroom is?
12:40 Westside 66?
Westside is District 66
Did you give the cap formula backwards? Isn’t it income value / appraisal value? Or am I thinking of ROI?
Remember the formula IRV... Net Operating Income (Annual) / Rate = Value 😉
Not another appraisal video!. This is the most over thought innacurate process out there. Not at all indicative of buyer and sellers attitudes. Ridiculous!
Hi Anthony... i totally feel ya but remember, students need to know this stuff for their real estate exam... :o)