Category: Social Science

please respond to cj. with. 150. words.
BRE 120 – Real Estate Appraisals
Charliei
11/20/23
Walt Huber
Chapters 9 & 10
Overview:
To start with Chapter 9, The topic is sales comparison to approach. This gets into comparables, and the steps of a sales comparison approach. Chapter 10 is focused on the income approach to value and both of these approaches play a key role in the appraisal form.
Chapter 9:
The first thing in this chapter is the market theory of value. Which uses the sales comparison approach which is pretty much the market comparison or market data approach. This also values the property based on the market theory of value. The sales comparison approach is usually the preferred approach because it is easy to understand (Pg. 277).
Chapter 10: The income approach is the third major approach that uses an orderly approach to determine property value. I learned about the URAR and understood the figure. There is also the investor’s perception of value which talks about the rate of return, risk, and return on investment (Pg. 315).
Chapter 9: Another important key concept I came across was the comparable sales and the steps in the sales comparison approach. A comparable sale must be in the same market as the subject property so it appeals to the same type of buyers. The steps in the approach consist of 5 steps that changed the way appraisers gather data (Pg. 283).
Summary: Overall, both chapters were very informative to me, I felt like chapter 9 helped me put some pieces together more so than chapter 10. However, learning about the income approach like income capitalization and discounting. I felt like I gravitated to chapter 9 more because of the market theory and the Real estate markets, and the comparison approach I found easier to use over the income approach.

please respond to Krystal. with. 150. words
Krystal
BRE-120, Real Estate Appraisal
Textbook Author: Walt H., Levin P., William P.
Chapters 9 & 10
November 21, 2023
Overview
The three key concepts discussed in this week’s reflections summary are Paired Data Analysis, Effective Gross Income (EGI), and Net Operating Income (NOI). In Chapter 9, Paired Data Analysis and the technique for measuring the effect on value will be discussed. Chapter 10, Effective Gross Income (EGI) and Net Operating Income (NOI) discusses how and why it is calculated to get gross and net operating income.
Key Concept from Chapter 9
Chapter 9, Sales Comparison Approach to Value, Paired Data Analysis. ‘Paired Data Analysis’ (also known as ‘matched pairs analysis’ or “paired data set analysis”) is a technique for measuring the effect on the value that is caused by differences in a single element of comparison” (Walt, et al., 2018, p. 298). This process is used to identify identical or closely similar properties in many different ways except for one. “Any difference in the sales prices of the properties is then attributed to the difference in the characteristic that varies” (Walt, et al., 2018, p. 298).
Key Concept from Chapter 10
Chapter 10, Income Approach to Value, Effective Gross Income (EGI). “Effective Gross Income (EGI) is defined as potential gross income, minus an allowance for vacancies and bad debt losses” (Walt, et al., 2018, p. 321). This is an allowance, and it is usually expressed as a percentage of potential gross income. Economic conditions will determine the amount of the percentage.
Key Concept from Chapter 10
Chapter 10, Income Approach to Value, Net Operating Income (NOI). “Net operating income (NOI) is the form of income that is most often used in direct capitalization. Net operating income is a more reliable indicator of value than potential or effective gross income because it represents the amount of income that is available as a return to the investor” (Walt, et al., 2018, p. 321). To determine net operating income, an appraiser will take the operating expenses for the property and subtract them from the effective gross income.
Summary
In this week’s summary, I learned that paired data analysis measures the effect on value caused by differences in a single element of comparison. I learned about the effect of gross income (EGI) and how it is calculated. Lastly, I learned about net operating income and how it is a more reliable indicator of value than effective gross income.

I NEED A HIGH QUALITY PAPER WITH ZERO PLAGIARISM
I attached the outline, the instructions and the draft. I include the message for the draft only to take in count. You need to use the draft in the paper but not all. Only some parts because mostly you need to write the essay
This is one of the three comments I have got from Someone on the rough draft : I enjoyed reading your essay. I feel you accurately analyze Del Toro’s films and his overall cinematic style as a storyteller. However, as you state in your thesis statement, “it is imperative to understand how Del Toro’s message is relevant in addressing societal challenges today” I would suggest that you try to weave in more examples of monstrosity and otherness with contemporary examples. Also, what is the Title of your essay? This might help understand the meaning behind what you write about and what message you want us to understand. Lastly, I would recommend you try to clean-up some of the grammar and sentence structure in some paragraphs there seems a bit of a disconnect. Other than that, looks good!
I will send you another comments later

Multimedia Presentation Research Activity. Week 5: Sales Comparison Approach
Students will watch and listen to audio/video presentations on a selected property management topic and learn career experience skills. Students will complete the assignment by responding to prompts and writing out complete answers. DIRECTIONS: Select 3 videos to watch/listen and take notes. Answer the questions below in the text boxes shown below with at least 2 complete sentences each.
Select 3 of the following 7 videos to research and write your assignment. You are welcome to watch all of the videos, and then select your top 3.NOTE: It is not recommended to select all short videos — otherwise, you may not have sufficient info to compare.1. #DailyREIA Episode 030 – How to Appraise a House Part 1 by REI LIVE (6:14)
2. Understanding the Home Appraisal Process by Hugh Charlie Wang (5:23)
3. 28 Market Data Approach: Arizona Real Estate License Exam Prep by Hogan School of Real Estate, Inc. (11:39)
4. Appraisal Home Inspection by Morley and McConkie Appraisers (11:52)
5. Comparable Sales Approach – Real Estate Math (3 of 18) by Gold Coast Schools (3:56)
6. The Basics of Residential Real Estate Appraisals in Texas by Todd Tramonte (2:15)
7. Florida Real Estate Exam Prep Math 7: Sales Comparison Approach by Tony Mesa Real Estate School Inc. (8:55)
1.Insert title of 1st video presentation you watched. Explain 2 key concepts you learned in this presentation. Minimum of 2 complete sentences.
2. Insert title of 2nd video presentation you watched. Explain 2 key concepts you learned in this presentation. Minimum of 2 complete sentences.
3.. Insert title of 3rd video presentation you watched. Explain 2 key concepts you learned in this presentation. Minimum of 2 complete sentences.
4.Compare 2 Presentations. Explain how 2 or more of the presentations are similar to each other. Write a minimum of 2 complete sentences.
5.Contrast 2 Presentations. Explain how 2 or more of the presentations are different from each other. Write a minimum of 2 complete sentences.

(Chapters 9 & 10 Reflection Summary) –
Write a brief summary of the textbook Chapters 9 & 10, to include the following paragraphs with headings: an overview, 3 key concepts, and a summary. Each “key concept” must include the textbook page numbers. Each paragraph needs a minimum of 3 sentences. Use the template format provided below. Refer to the model assignment (sample) following the template. ch 9,10. attached
TEMPLATE:
Overview
Key Concept from Chapter 9
Key Concept from Chapter 10
Key Concept from Chapter 9 or 10
Summary
SAMPLE:
BELOW IS A SAMPLE REFLECTION SUMMARY. DO NOT COPY THE CONTENTS. IT IS A SAMPLE ONLY.
Course: BRE 100, Real Estate Principles
Student Name: Ima Success
Today’s Date: 02/20/2020
Textbook Author: Perez, J.
Chapter # 1
Overview
The topic of Chapter 1 is an introduction to real estate principles. This chapter covers four important concepts for the real estate student. First, the real estate licensing in California is discussed, along with the real estate market. Second, the historical influence of real property is examined. Third, the difference between real property and personal property is spelled out clearly. And last, the chapter concludes by analyzing various methods of land description. These concepts are important because they may be on the real estate exam for licensees.
Key Concept from Chapter 9
I learned that real estate can be a profitable professional (p. 4). One of the reasons it can be profitable is because the compensation to agents is based on the sales price of the house. In California, real estate values are typically high, which translates into a high commission. The commission is always paid to the broker, but the real estate salesperson receives a portion. Many real estate agents are using social media to promote their services.
Key Concept from Chapter 10
The second thing I learned is that property owners have a “bundle of rights” (p. 5). It means they have control of certain things because they own the real estate. Generally, people view it as a bundle of sticks, with each one of them being a “right” the owner has. Their types of rights vary based on their level of ownership. For example, homeowners have the right to possess (live in) their houses – unless they rent out the house to tenants. In that case, the tenant now has the right to possess the house.
Key Concept from Chapter 9 or 10
The third concept I learned is the definition of real property (p. 6). There are four things that define real property: land, affixed to the land, appurtenant to the land, or immovable. These items “tests” are what separates real property from personal property. For example, a refrigerator can be moved out of the house, so it is considered personal property. However, a fence is permanently dug into the ground so it becomes part of the real property, along with the land and the house.
Summary
This was an interesting chapter and I learned a lot about real estate. Real estate has a long and colorful history in California. There are several types of land description methods, which will probably be on the state real estate exam. I know I will have to study some of the concepts further, such as the MARIA acronym of determining personal versus real property. In addition to the knowledge of concepts, real estate involves math calculations.

hello. please review the study guide. and answer the. the. following questions respond with. 200. words
Once you have reviewed the study guide, please type below the three most important items you took away (please submit three items in bulleted, complete sentence format)

ACTIVITY: COMPARABLE SALE ADJUSTMENTS (TERM PAPER PART 4)
For this assignment, you will finishing completing the 1004 appraisal form with the data which you started in Part 3. You will save the completed form to your computer and then upload here as a .PDF file. You will need a copy of it later for your final paper, “Appraisal Report for Single Family House”. It will be inserted as the appendix in your final paper. In addition, you will analyze this appraisal for your Part 5 activity. Appraisal form part 3 and part 2 attached. I d not have. the text. book. but this is the text book needed.
TEXTBOOK:
Real Estate Appraisal Principles and Procedures 5th Edition by Walt Huber, Levin Messick, and William Pivar
INSTRUCTIONS FOR PAGE 2 (VIDEO REPLAY)
STEP 1.
Download the URAR 1004 Appraisal Report you completed in Part 3. Open your textbook to chapter 9, specifically pages 298-303. NOTE: I realize you may not have read this chapter yet as part of your Reflection Summary, so you will need to spend some time studying this chapter and getting familiar with the concepts.
STEP 2.
Using the 5 comparable properties (“comps”) you saved from Part 2, select 3 that are most similar to the subject property. On page 2 of the 1004, complete the columns for Comparable Sale #1, Comparable Sale #2, and Comparable Sale #3. Note the comps are called “Sales”. Each comp has 2 columns. The left column is to enter the data, and the right column is to enter the adjustment amount. Remember, if the comps has a feature that is MORE VALUABLE than the subject property, you will need to SUBTRACT the difference. On the other hand, if the comps has a feature that is LESS VALUABLE than the subject property, you will need to ADD the difference.
Please refer to your textbook, chapter 9, specifically pages 298-303 for the proper addition and subtraction techniques. NOTE: If you were not able to find sold comps, you may use active comps (currently listed for sale) and assume the list price is the sale price.
URAR FORM 1004 PAGE 2 EXAMPLES/INFORMATION:”Sales Comparison” section = textbook page 306 (Ch. 9) & page 368 (Ch. 12)
STEP 3.
Based upon the data collection techniques learned in chapter 5 of the textbook, you will gather general data. Research the economic data for the region, including major employers, industries, and demographics (such as population, income levels). Think about how the property value is affected by the community and economy. Go back to the URAR form 1004 appraisal report page 1 (illustrated as Figure 5-2 on page 153, and 5-5 on page 159 of the textbook) and update the appraisal based on the new data you have researched. Keep these sources handy so you can incorporate them into your final paper with citations and references.
Data sources can be found easily on the internet, including some of the suggested searches on pages 15-160 in the textbook. Refer to Figure 5-1 on page 152 for a list of appraisal-related internet sites.
URAR FORM 1004 PAGE 1 EXAMPLES/INFORMATION:”Neighborhood” section = textbook page 153 (Ch. 5) & page 364 (Ch. 12)
“Site” section = textbook page 159 (Ch. 5) & page 365 (Ch. 12)
MODEL
Following is a completed 1004 appraisal report (page 2) as required for this activity.
SAMPLES:
Sample completed appraisal form: 1004 Appraisal Form Completed SAMPLE.pdfDownload 1004 Appraisal Form Completed SAMPLE.pdf
View a completed model URAR 1004 appraisal report: Appraisal_Sample.pdf Download Appraisal_Sample.pdf (NOTE: the sample 1004 begins on page 4)
Example of an online fillable form completed: https://www.pdffiller.com/100012517-fillable-2005-appraisal-report-formLinks to an external site.
GUIDES:
View an extensive step-by-step instructional guide for completing the 1004 report:
1004 Instructions.pdf
Appraisal Fields UAD Quick Reference Guide.pdf
Appraisal Fields UAD-Specifications.pdf
Appraisal UAD Definitions Addendum.pdf
Appraisal-Report-and-Data-Delivery-Guide FHA.pdf
Appraisal-Review-Guide MGIC.pdf
MULTIMEDIA GUIDE:
View videos that demonstrate how to complete the 1004 report:
TO SUBMIT:
Save the completed PDF form to your computer. Click the “Submit” Button. Attach the PDF document. Click “Submit” again.

Attached is a worksheet that needs to be done for an epidemiology class. I can give 30 minutes extra. Need it before 10:25 am EST.

please respond to Salma. with 200 words
BRE 120, Real Estate Appraisal
Salma
11/14/2023
Huber & Messick
Chapter #7 & 8
OverviewChapter seven focused on residential construction with the classification of houses and the construction methods and materials. The classification of houses goes into detail about the type of houses. The construction methods and materials go into the foundations and the different categories that go into a property. Chapter eight focuses on The cost approach of value which focuses on an improved property for its value. In this Chapter, we read about how depreciation is estimated, its terminology, and the three causes of depreciation.
Key Concept from Chapter 7
The key concept I learned about in Chapter Seven was the classification of houses. In order to classify a house four characteristics help with the classification. The four bases are the number of units if the house is detached or attached, the number of stories, and the architectural style (p.215). The difference between attached and detached are the shared walls between different/separate properties. If a property shares a wall with another property that is attached but if they are detached they are not connected with any other property (p.215). This concept helps us understand how houses are described.
Key Concept from Chapter 7
The concept of construction methods and materials are divided into several categories that help the appraiser describe and know the property. A category we read is “Quality” which is something appraisers keep in knowledge when determining the value of the property. A focus of quality is on cabinetry, countertops, windows, doors, and appliances (etc.) (p.243). We see a table of different details that determine the quality of each category,
Key Concept from Chapter 8
In the Cost Approach to Value, we read about depreciation as a loss in the value of an improvement (as compared to its cost) due to any reason whatsoever (p.261). Depreciation has three causes, Physical deterioration, functional obsolescence, and external economic obsolescence (p.263) The physical state that the property is in determines the physical deterioration and can be categorized into curable or incurable.
Summary
These chapters give us a good understanding of the different categories and approaches that are taken in order to determine the value of a property. We are able to understand the different areas and details appraisals look at as well as the terminology. We also read and go in-depth into the Cost Approach and its steps.

please respond to Krystal with. 200 with words
Krystal
BRE-120, Real Estate Appraisal
Textbook Author: Walt H., Levin P., William P.
Chapters 7 & 8
October 23, 2023
Overview
The three key concepts discussed in this week’s reflections summary are the Classification of Houses, the Basics of the Cost Approach, and the Application of the Cost Approach. Chapter 7, Classification of Houses and the four characteristics of a house. Chapter 8, Basics of the Cost Approach and Application of the Cost Approach. Basic of the cost approach and how it is used in the appraisal process. Application of the Cost Approach discusses how and why it is used in newer properties only.
Key Concept from Chapter 7
Chapter 7, Residential Construction, Classification of Houses. There are four characteristics of a house. The number of units, whether the building is attached or detached, the number of stories and the architectural style. “The Number of Units refers to the number of separate households the building is designed to accommodate. Although usage may vary in different areas, the term ‘house’ is most often used to refer to a Single-Family Residence” If a building has multiple units that share a common access and other common areas, it is usually referred to as an Apartment Building (Walt, et al., 2018, p. 215). A detached house is a house that is not attached to another property. An Attached House refers to one property that is attached to another. Row houses are common in many urban areas and are a great example of attached properties.
Key Concept from Chapter 8
Chapter 8, Cost Approach to Value, Basics of the Cost Approach. This subsection of Chapter 8 discusses the cost approach and how it is used in appraisal. Appraising a property takes skills and formulas. “The Cost Approach Method is an orderly process which assumes that the value of improved property is indicated by the value of the site, plus the cost (new) to construct the improvements, less any depreciation from any cause that the improvements have suffered. Depreciation is in the difference in value between the cost (new) of the improvements and their current value, regardless of the reasons for the difference (Walt, et al., 2018, p. 253). Value = Cost – Depreciation
Key Concept from Chapter 8
Chapter 8, Cost Approach to Value, Application of the Cost Approach. “The cost approach to value is the best approach for service type of buildings where there are few comparables and the income is not appropriate” (Walt, et al., 2018, p. 253). The cost approach is best used for newer structures. This is because the older the structure, the less reliable the approach is. This is because the determination of accrued depreciation is subjective.
Summary
In Chapter 7, I learned about Residental Construction. There are four characteristics of a house. The number of units, whether the building is attached or detached, the number of stories, and the architectural style. In Chapter 8, I learned about the Basics of the Cost Approach and Application of the Cost Approach. The Cost Approach is a process that is orderly and assumes value. The Application of the Cost Approach is the best approach to service type, but if a property is too old, there are better approaches to use due to depreciation.