Definition: an economic law of value; no prudent buyer will pay more for a property than the cost of an equally desirable replacement property
Pronunciation: \ˈprin(t)-s(ə-)pəl\ \ˌsəb-stə-ˈtü-shən\
Used in a Sentence: The principal of substitution sets an upper limit of value for a property by establishing the cost of acquiring an equally desirable substitute property on the open market.
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...
Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...
Journey to Success: From Humble Beginnings to Real Estate Triumph From counting quarters to counting checks, the successes & failures that have gotten me to today. In a rare State...
Journey to Success: From Humble Beginnings to Real Estate Triumph From counting quarters to counting checks, the successes & failures that have gotten me to today. In a rare State...
