Market Approach: A method of pricing single-family rental homes and condos using comparable market data. When pricing multiple unit rental properties, the income approach is probably better.

 

Related Words

Market Approach: A method of pricing single-family rental homes and condos using comparable market data. When pricing multiple unit rental properties, the income approach is probably better.

Free Market: A system in which the market forces of supply and demand determine prices and allocate available supplies, without government intervention. The concept of a free-market approach in agricultu . . . View Full Definition

Net Income Approach: A method of pricing multiple unit rental properties where the desire to buy is driven by the propertys ability to generate cash flow and profit. Most often used to price rental properties of . . . View Full Definition

Marketing Contract: Prices (or pricing mechanisms) are established for a commodity before harvest or before the commodity is ready for marketing. Most management decisions remain with the grower, who retains ow . . . View Full Definition

Marketing Director: Individual responsible for marketing a managed care plan, whose duties include oversight of marketing representatives, advertising, client relations, and enrollment forecasting.

Marketing Certificate: A certificate that may be redeemed for a specified amount of CCC-owned commodities. The certificates may be generic or for a specific commodity.

Marketing Orders And Agreements: Orders and agreements (authorized by the Agricultural Marketing Agreement Act of 1937, as amended) allow producers to promote orderly marketing through collectively influencing the supply, d . . . View Full Definition

Marketing Year: The 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-Dece . . . View Full Definition

Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by . . . View Full Definition

Marketing Plan: The part of the business plan outlining the marketing strategy for a product or service.