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Real Estate Terminology

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M

Management: The ability to monitor the performance of an investment and make changes as needed.

Managing risk: The steps taken by an investor or manager to control or reduce investment risk.

Market risk: The possibility that downward market trends will reduce an investment's market value.

Market value: The most probable price that a property would bring in a competitive and open market under "fair sale" conditions. Market value also refers to an estimate of this price.

Market: The process of exchange, where one person or group can exchange one kind of product for another from another person or group.

Marketability: The ability to sell an investment quickly regardless of its sales price.

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