Real estate market research is an important process used by analysts to facilitate a better understanding of a property's future profit potential.All of the following statements regarding market research are true EXCEPT:
A) Real estate market research should always be flexible since the research depends directly on the problem at hand.
B) Most data about general real estate is relevant to a given market study.
C) Most important data for a given market study often is not publicly available.
D) Market research should focus specifically on market segments for the property involved,rather than on the aggregate real estate market.
Correct Answer:
Verified
Q1: In constructing a market-defining "story," it is
Q2: Survey research has been applied to real
Q4: In the Elysian Forest example,the planned unit
Q6: The presence of real estate cycles presents
Q8: Computer software systems that enable one to
Q9: Since most data for a given market
Q12: The most common definition of a city
Q12: In the Palm Grove Office Complex example,the
Q14: A tool used by real estate analysts
Q18: While predicting real estate cycles is difficult,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents