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URL:https://www.learndesk.us/class/5224100152737792/lesson/816d40d86e5d82db3747f01a8afe5255?ref=outlook-calendar
SUMMARY:The Market System
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/5224100152737792/lesson/816d40d86e5d82db3747f01a8afe5255?ref=outlook-calendar
DESCRIPTION: Real estate is an economic product that is subject to economic laws and influences, much like all of the other goods and services in our economic system. Real estate professionals do not have to be economists; in fact, they are better off leaving complex economic theories to those professing expertise in that often confusing field. However, brokers and agents do need a basic understanding of how our economy works, and particularly, how real estate as an economic product fits into the real estate marketplace. Understanding the fundamentals of real estate economics enables one to:

recognize the effect of current economic conditions in the real estate market on transactions, prices, and values
apply economic principles to estimates of future conditions in the real estate market
apply economic principles to specific geographical areas and property types in order to assess economic conditions for a particular property and site

These are abilities that will benefit the clients of any...

https://www.learndesk.us/class/5224100152737792/lesson/816d40d86e5d82db3747f01a8afe5255?ref=outlook-calendar
STATUS:CONFIRMED
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