ZR-1 Net Registry Forums - View Single Post - ZR-1's at Mecum Monterey

John Boothby · 08-15-2014

I understand what the market is. I spent 30 years appraising real estate here in Southern Nevada. I did not mean that NADA set the market, I ment that they get their numbers from the market. In real estate, we look at "arms length" transactions. ie: willing seller, knowledgable buyer, motivation, exposure to the market for a reasonable period of time, etc etc.

There also seems to be more supply than demand.

08-15-2014	#12
John Boothby Join Date: Jul 2005 Location: Las Vegas, Nevada Posts: 775	Re: ZR-1's at Mecum Monterey I understand what the market is. I spent 30 years appraising real estate here in Southern Nevada. I did not mean that NADA set the market, I ment that they get their numbers from the market. In real estate, we look at "arms length" transactions. ie: willing seller, knowledgable buyer, motivation, exposure to the market for a reasonable period of time, etc etc. There also seems to be more supply than demand. Last edited by John Boothby; 08-15-2014 at 05:58 PM.