Question

The Florida real estate market is a market that is categorized in which two ways? (Select two answers.) The Florida real estate market is a market that is categorized in which two ways? (Select two answers.)

Answer 1

• by location
• by commodity

Explanation:

Location in real estate means simply where the property is located, in this case it would be what county in Florida, city and finally neighborhood. As the location is more attractive or strategic (e.g. beachfront) the price of real estate increases.

Commodities in real estate refers to the additional services provided to real estate buyers, e.g. condo with a gym, furnished homes