Join date: Jul 9, 2022


Value is the customer's assessment of the product.

The price of real estate is determined by the market method. There is such an expression - "the buyer votes for the price with money." The price of real estate in the past does not guarantee its receipt in the future. In fact, it is determined by the market at the moment

The value of a commodity called “real estate” is a little more difficult to determine. For example, you bought an apartment in a new building for a conditional 1,000,000 rubles. For the purchase, you used a mortgage in the amount of 500,000 rubles. As a result of insurance costs and interest payments to the bank, you spent another 300,000 rubles. The apartment was renovated for 300,000 rubles. Thus, the value of the property is 1,600,000 rubles for you. Question: Can you get a price more than 1,600,000 rubles?

This is where the third concept comes into play – value. If the buyer sees your object advertised for 2,000,000 rubles, but believes that the value of this product for him is at least 1 ruble higher than stated in the price, then he will buy your property. If you see that the value of the goods is not covered for you by the price of 2,000,000 rubles, you will not sell the goods to the buyer.


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