Question

Greg is preparing a CMA. He had four sold listings that are comparable to the seller’s property. Here are the differences: Comparable 1 has one more bathroom than the seller’s property. Comparable 2 has one more bedroom than the seller’s property. Comparable 3 has one less bathroom than the seller’s property. Comparable 4 has one less bedroom and one less bathroom than the seller’s property. If a bathroom is worth $4,500 and a bedroom is worth $3,500, which of these statements is false?

Answer 1

The answer is "Greg should subtract $4,500 from the sale price of Comparable 1".

Step-by-step explanation:

In the above choice, in the answer part we define the incorrect choice and in the explanation part we define the correct that can be defined as follows:

According to Gerge

• In point 2,To the Comparable 2 purchase price, it could add $3,500.
• In point 3, The sale price of Comparable 3 should be $4,500.
• In point 4, To the purchase price of Comparable 4, he could add $8,000.