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Updated over 8 years ago, 05/16/2016

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Minneapolis, Minnesota
  • Member since Apr 20, 2016
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Minneapolis, Minnesota
  • Member since Apr 20, 2016
Connect
Account Closed
  • Real Estate Agent
  • Minneapolis, MN
26
Votes |
21
Posts
Buying & Selling Real Estate

Bothersome Continuing Education Question

Account Closed
  • Real Estate Agent
  • Minneapolis, MN
Posted

I was taking care of a necessary evil earlier in the week:  continuing education to maintain my MN real estate license.  I came across the following question...

As an agent who primarily uses my license to invest, this bothered me.  According to Investopedia, 'Market Value' is "the price an asset would fetch in the marketplace."  By definition, isn't the price a retail buyer is willing to pay market value?  

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