Question

Decreases or increases in sales prices, rendered in dollar amounts or percentages, that reflect a property's value based on comparable sales.

A. Market analysis
B. Appraisal
C. Price adjustment
D. Amortization

Answer 1

Price adjustment is the term used to describe decreases or increases in sales prices based on market conditions and comparable sales data.

Step-by-step explanation:

The decreases or increases in sales prices, rendered in dollar amounts or percentages, that reflect a property's value based on comparable sales is called Price adjustment. Price adjustment is a term commonly used in the real estate industry to describe changes made to the sales price of a property based on market conditions and comparable sales data.