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a person is offered $100,000 for his condominium. other condos with similar amenities and utilities are selling for $100,000. this is an example of: select one: a. competition b. change c. contribution
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a person is offered $100,000 for his condominium. other condos with similar amenities and utilities are selling for $100,000. this is an example of: select one: a. competition b. change c. contribution d. substitution

User Chris Morley
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1 Answer

5 votes

Answer:

competition

Step-by-step explanation:

When pricing real estate, one of the most basic tasks is to get the prices of similar properties in the immediate area. These are referred to as "comps."

User Sukhjeevan
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