A principle relating to the net income remaining after all expenses necessary to the operation. This remaining net income is imputable to the land and tends to fix the value of the property. As a result, the land is valuable according to the surplus productivity imputed to it. In the operation of an income-producing property, three levels of return are necessary, while the fourth (the land) can command only the residual income with no fixed or necessary rate of return. Under general economic theory, the four levels are factors in production and must be satisfied in order of labour, coordination, capital and land. Surplus attributable to land largely determines its value.
For any business the principle means money.
In real estate the principle of contribution is that the value of a component of property depends upon its contribution to the value of the whole property. The cost of an improvement does not necessarily equal the value the component adds to the property.
Principal of anticipation is the expected value of a property based on market events
Principal is a legal term. The principal is the person or entity who hires another(via contract) to perform a task on the principal's behalf. These people are called agents. Therefore: Homeowner= Principal hires the... Real estate "Agent"
You must do your own assignments! Besides, your question doesn't any sense.
For any business the principle means money.
A realtor or estate agent buys and sells real estate on behalf of the principle, for a commission. They can also act as a managing company on behalf of the landlord.
In real estate the principle of contribution is that the value of a component of property depends upon its contribution to the value of the whole property. The cost of an improvement does not necessarily equal the value the component adds to the property.
evaluate the adequacy of statutory capital and surplus
Principal of anticipation is the expected value of a property based on market events
Principal is a legal term. The principal is the person or entity who hires another(via contract) to perform a task on the principal's behalf. These people are called agents. Therefore: Homeowner= Principal hires the... Real estate "Agent"
Ernie Jowsey has written: 'Real estate economics' -- subject(s): Real estate development, Residential real estate, Commercial real estate, Real estate investment, Real estate business
A real estate accountant manages all accounting processes for a real estate team. Bottrell Real Estate work with real estate businesses to help them grow and succeed.
You must do your own assignments! Besides, your question doesn't any sense.
One can get real estate views from the following websites: "Real Estate View", "The Star", "Real Estate One", "Homes and Land", "Real Estate Book", "Realtor" to name a few.
NIREM is the short form of IDS National Institute of Real Estate Management which is a management institute. It offers educational programs and courses in different areas of real estate such as real estate management, real estate marketing, real estate sales, real estate finance, real estate investment, real estate appraisal etc at the levels of PG Diploma and Diploma. It also offers certificate in real estate management. Apart from the above, NIREM also conducts management development programs in real estate. probably the first institute in India that offers real estate education.
If you want to deal with real estate business you must have real estate license. In order to get real estate license you need to pass a real estate exam in Virginia. You need to complete minimum 60 hours in the principles of real estate. You must have to pass the state & national portions of the real estate exams. You need to know all the fundamentals & real estate laws. After getting you real estate license you can join any commercial real estate firm or property management company to deal with commercial real estate property or residential real estate property. All the Best. www.flaglerdev.com