Appraisals & Valuation 101 | National Real Estate Exam Prep

A breakdown of appraisals and valuation for the national portion of the real estate exam. This applies to the national portion of the exam, regardless of your state. I walk you through appraisal vocabulary, the DUST elements of value, important formulas, and how to approach common test questions. 👉 Grab my 48-Hour Real Estate Exam Study Plan here: https://shop.studywithdee.com/product... Learn: How to use comparable properties for real estate valuation. How to tell when to use the sales comparison vs. cost vs. income approach. Why you need to understand DUST (Demand, Utility, Scarcity, Transferability). Chapters: 00:00 - Exam Breakdown Overview 03:53 - Appraisal Fundamentals 08:04 - Value Concepts 09:32 - 3 Valuation Methods 11:50 - Sales Comparison and Cost Approach 14:05 - Income Approach Explained 18:10 - Appraisal Process, Roles and Terms 22:40 - Value Factors, Disputes and Tips #Valuation #RealEstateExam #DeeKumarRealEstate