Ever wonder why a property’s selling price isn’t always the same as its appraised value? In this episode of pplpod, we peel back the layers of the real estate market to understand the science (and art) of property valuation. We explore the critical distinction between "market value" and "market price" and break down the rigorous methods professionals use to determine what a property is actually worth—whether it's for a mortgage, a tax assessment, or a divorce settlement.

Join us as we discuss:

• The Big Three: A deep dive into the three traditional valuation methodologies: the Sales Comparison Approach (comps), the Cost Approach (replacement value), and the Income Approach (capitalization rates).

• Global Perspectives: How valuation differs around the world, from the "Red Book" standards of the  ...