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Get the free Market Sale Ratio - ArcGIS Open Dataset - Data.gov - ldsnet fairfaxcounty

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APPENDIX 3 Application No.(s): (unassigned application numbers), to bc entered by County Staff)SPECIAL PERMIT/VARIANCE Affidavit)b “3×DATE:(enter date affidavit is notarized)I, Key×fruit, do hereby
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How to fill out market sale ratio

01
To fill out market sale ratio, follow these steps:
02
Determine the total number of sales made during a specific time period.
03
Calculate the total market value of all the sales made during that time period.
04
Divide the total market value by the total number of sales to obtain the market sale ratio.
05
If required, express the market sale ratio as a percentage by multiplying it by 100.
06
Fill out the market sale ratio in the designated field or document.

Who needs market sale ratio?

01
Market sale ratio is useful for various stakeholders like:
02
- Real estate agents and brokers who want to track and analyze sales trends in the market.
03
- Property appraisers who need to estimate the market value of properties based on recent sales.
04
- Investors looking to evaluate the profitability and potential growth of a particular market.
05
- Government agencies or organizations responsible for monitoring and regulating the real estate market.
06
- Researchers and analysts studying the housing market to understand its dynamics and make informed predictions.
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Market sale ratio is a metric used to analyze the relationship between the actual selling price of a property and its assessed value.
Property owners or their representatives are typically required to file market sale ratio.
Market sale ratio is usually filled out by providing information on recent sales of similar properties in the area.
The purpose of market sale ratio is to ensure that property assessments are fair and accurate.
Information such as property sale price, location, and details of the property must be reported on market sale ratio.
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