Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over several others he used. What process is he utilizing

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08-02-2022
Business

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Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over several others he used. What process is he utilizing

Sagot :

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OlanmaEidn OlanmaEidn · Answer 1 · 2022-02-15T06:50:00-05:00

When Ashton, the appraiser applies more weight to two comparables over several others he used, he is utilizing the: Correlation method.

What is the Correlation Method?

The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.

The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.

Learn more about the sales comparison approach here:

https://brainly.com/question/14497595

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What is the Correlation Method?

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