Sales Comparison Approach
Business / Real Estate / Sales Comparison Approach
Related Words
Sales Comparison Approach: The process of estimating the value of a property by examining and comparing actual sales of comparable properties.
Market-Data Approach: Estimating a propertys value based on a comparison of the property with similar properties in the same locale that have sold recently. Also known as the direct sales comparison approach.
Sales Charge: A sales charge is the fee you pay to buy shares of a load mutual fund or other investment purchased through a financial professional. The charge is typically figured as a percentage of the a . . . View Full Definition
Sales: Another term for revenue.
Risk Premium Approach: A common approach for tactical asset allocation to determine the relative valuation of asset classes based on expected returns.
Sales For Local Currencies: A provision of P.L. 480 that permits a portion of commercial sales (under Title I) to be repaid in the country’s local currency.
Sales Compensation: A compensation system designed for individuals employed in managerial sales or sales representative positions. Individuals are paid on a commission or percentage of sale basis, in accordance . . . View Full Definition
Sales Contract: A real estate sales contract contains the complete agreement between a buyer of a parcel of real estate and the seller. Depending on the area, this agreement may be known as an offer to purc . . . View Full Definition
Return On Sales Revenue: A measure of operating performance: computed by dividing net income by total sales revenue.
Sales Discount: A reduction in the selling price that is allowed if payment is received within a specified period.
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