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An Effective Way to Estimate the Value or Asking Price

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An effective way to estimate the value or asking price of a real estate investment is by using the


Definitions:

Short-Term Memory

A component of human memory system that is capable of holding a small amount of information in mind in an active, readily available state for a short period of time.

Encoding Specificity

The principle that recall is most effective when the cues present at the time of learning are also present at the time of retrieval.

Recall

The act of retrieving information or memories from one's past, often without external cues.

Recognition

The retrieval of information in which the processor must decide whether the information presented has been previously presented. See also recall.

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