Podcast
Questions and Answers
What does absorption analysis measure?
What does absorption analysis measure?
- The cost of space or units on the market
- The amount of space or number of units that can be sold, leased, put into use, or traded on the market (correct)
- The potential future value of space or units in the market
- The historical value of space or units sold in the market
What is considered as 'advice' in a consulting engagement?
What is considered as 'advice' in a consulting engagement?
- Any random opinion given by the consultant
- The final decision made by the client
- Considered judgment arrived at after careful investigation and analysis (correct)
- The analysis report provided by the consultant
What is a binding requirement according to the text?
What is a binding requirement according to the text?
- A request made by the client to the consultant
- All or part of a standards rule from which departure is not permitted (correct)
- A recommendation from the consultant to the client
- A guideline that can be modified without any restrictions
What does cash flow analysis study?
What does cash flow analysis study?
Who is referred to as the 'client' in a consulting engagement?
Who is referred to as the 'client' in a consulting engagement?
What constitutes a 'client's problem' according to the text?
What constitutes a 'client's problem' according to the text?
What is the act or process of providing information, analysis of real estate data, and recommendations on diversified problems in real estate, other than estimating value in a disinterested manner?
What is the act or process of providing information, analysis of real estate data, and recommendations on diversified problems in real estate, other than estimating value in a disinterested manner?
What is the date at which the analyses, opinions, and advice in an appraisal, review, or consulting service apply?
What is the date at which the analyses, opinions, and advice in an appraisal, review, or consulting service apply?
What does 'Economically Feasible' refer to?
What does 'Economically Feasible' refer to?
What does 'Effective Demand' refer to?
What does 'Effective Demand' refer to?
What does 'General Data' refer to?
What does 'General Data' refer to?
What is the reasonable and probable use that results in the highest present value of the land after considering all legally permissible, physically possible and economically feasible uses?
What is the reasonable and probable use that results in the highest present value of the land after considering all legally permissible, physically possible and economically feasible uses?
What does 'Intended Use' refer to?
What does 'Intended Use' refer to?
What does 'Investment Analysis' reflect?
What does 'Investment Analysis' reflect?
What is a 'Letter Report'?
What is a 'Letter Report'?
What does 'Limiting Condition' specify in a consulting report?
What does 'Limiting Condition' specify in a consulting report?
What is 'Marketability Study'?
What is 'Marketability Study'?
What does the term 'rent-up period' refer to in the real estate context?
What does the term 'rent-up period' refer to in the real estate context?
What does the term 'market segmentation' involve in the real estate market?
What does the term 'market segmentation' involve in the real estate market?
What is the role of a 'real estate consultant' as defined in R.A. 9646 Real Estate Service Act of the Philippines?
What is the role of a 'real estate consultant' as defined in R.A. 9646 Real Estate Service Act of the Philippines?
What does 'primary data' refer to in the context of real estate consulting?
What does 'primary data' refer to in the context of real estate consulting?
What does the term 'realty' encompass in the real estate context?
What does the term 'realty' encompass in the real estate context?
What does 'secondary data' entail in the context of real estate consulting?
What does 'secondary data' entail in the context of real estate consulting?
What is the purpose of a 'signature' in a consulting report?
What is the purpose of a 'signature' in a consulting report?
What does 'standard' refer to in the context of real estate consulting?
What does 'standard' refer to in the context of real estate consulting?
What does 'real property' encompass within the realm of real estate?
What does 'real property' encompass within the realm of real estate?
What does 'report' signify in the realm of real estate consulting?
What does 'report' signify in the realm of real estate consulting?