The Attributes and Value of Real Estate Commodities in Valuation Practice
In the new era,real estate valuation must actively respond to the new changes in the supply and demand rela-tionship within the real estate market,guide market prices back to a rational level in line with their value,assist the government in managing the real estate market,and accelerate the establishment of a new model for real estate development.Based on the practice of real estate valuation,this article identifies that a blurred understanding of the commodity attributes and value pricing of real estate has led some scholars to mistakenly equate real estate valuation with price assessment,erroneously believing that the valuation result reflects the property price under specific valuation purposes,which involves numerous misconceptions.By analyzing real estate commodity attributes and value pricing from a valuation perspective,we can help individuals accurately recognize the nature of real estate assessment activities.The ability of real estate valuation professionals to"identify goods"and"determine prices"forms the foundation of providing professional real estate valuation services.The essence of real estate valu-ation is to assess the economic value of real estate.It is crucial to correctly understand the relationship between the valuation re-sults and the actual transaction price of the property,as well as the guiding role of valuation in steering market prices back to their rational value,in order to provide theoretical support for the healthy development of China's real estate market.
real estate valuationcommodity attributesreal estate valuereal estate price
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