Question: All the following are ways to estimate resale proceeds EXCEPT for: Percentage change in value. Using a terminal capitalization rate applied to the income forecast

All the following are ways to estimate resale proceeds EXCEPT for:
Percentage change in value.
Using a terminal capitalization rate applied to the income forecast for the first year following projected sale of the property.
Stated dollar amount as indicated on the purchase contract.
Broker opinion of value.

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