When real estate agents say that "location matters," they are referring to
A)an absolute location.
B)a relative location.
C)the impact of distance decay.
D)site conditions alone.

Question

Quizplus · Accepted Answer

When real estate agents say that "location matters," they are referring to relative location. Relative location is the position of a place or structure in relation to other places or structures. In real estate, location is important because it can affect the value of a property. Factors such as proximity to schools, public transportation, shopping centers, and other amenities can make a location more desirable, leading to a higher value. Additionally, properties located in desirable neighborhoods or areas with low crime rates may also command higher prices.

When Real Estate Agents Say That "Location Matters," They Are