Class 1: Introduction: The Nature of Modern Real Estate Transactions - Jan. 8 Flashcards
1
Q
What is the primary objective in every real estate transaction? (Malloy)
A
The primary objective in every real estate transaction is to create or capture value. (C-1,2)
2
Q
What is the idea of market choice? (Malloy)
A
The idea of market choice is that markets are all about choice and the opportunity for choice making. (C-1, 2)