An extra pair of discerning eyes always helps.

They have no motivation to push a seller and work through any bit of hesitation they may be feeling or make any attempt to discern what the seller's true reason for selling their home may be.Would the conversion rate be greater than just a voicemail?

If you a 6-unit apartment building next to a 200-unit apartment building next to a warehouse, the cap rate for each property will likely vary despite no discernible difference in location.

We now want to shave off some more of the NNN costs by having the municipality exempt our relative portion of the property tax on the shared parking area.This of course entails discerning what proportion of the parking area is “ours.”

When more people are buying bonds, the yield goes down.While some might think that laying out this distinction misses the larger point of the post, I'd say that understanding what mortgage rates are actually driven by is very important when trying to discern future market corrections.  

There is a discerning renter in your market that is willing to pay for the best product available.

Most repairs you should be able to see with a discerning eye but there are some you won't know about unless you dig into the walls (these come with experience and usually only an issue when the house has been extensively remodeled or added on to).

You just can't provide an estimate from an algorithm that ignores a million factors that pretty much only a human could discern. 

I was unable to discern contextual either. 

I have a discernible grasp on the multitude of pockets LA has to offer.