Realistic View on Property Market and Market Value
Challenges in Determining Property Values
by Amin Abdul Aziz Shaikh*,
- Published in Journal of Advances in Science and Technology, E-ISSN: 2230-9659
Volume 2, Issue No. 2, Nov 2011, Pages 0 - 0 (0)
Published by: Ignited Minds Journals
ABSTRACT
Value of a commodity is often mentioned in a market context. In our everyday life, we feel inquisitive of value of many commodities every now and then. In fact, whenever we make an attempt to purchase a commodity, we try to be judicious as regards the price to be paid for it and look back to the market as regards information on its value. As we collect information for different parts of the market we get the same answer or nearly the same answer in most cases. But this is not always true with the property market. Answers from the market is only rarely directly available. And even when answers are obtained they attract further questions for clarification.
KEYWORD
commodity value, market context, purchasing, price, market information, property market, answers, further questions, clarification