Description
Write about What the Monopoly game taught us about Real Estate? this is for a Real Estate class. the paper should cover things about the houses in the game, the hotels, and most importantly the prices. I don't want you to explain the game to me because I already know it. I want lessons learned from the game? how this game can help me in my real estate career? the art of negotiation and selling. you can also look up places where they actually use the monopoly game to teach real estate agents. It should be a full 2 page - single spaced paper
Explanation & Answer
please find the attached file. i look forward to working with you again. good bye
Running head: WHAT THE MONOPOLY GAME TAUGHT US ABOUT REAL ESTATE
What the Monopoly Game Taught Us About Real Estate
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What the Monopoly Game Taught Us About Real Estate
Introduction
The real estate market is clouded by many uncertainties which make it hard for investors
to do a proper timing on their investments. The actual risks may discourage those who have the
zeal to invest if their investments are not compensated with a comparable level of returns.
However, with the understanding of the techniques in the market and the creed applicable,
investors can apply the monopoly game strategies to assist them in the course of their
investments.
Lessons from the Monopoly Game
Astute strategies are required to increase the gains in property investment. Many skills
are involved in properly appraisal with an effort of evaluating the real value of an investment,
considering the returns and the cost of capital (Frayn, 2005). The following are the significant
lessons which an investor can learn from the monopoly game.
Have cash on hand at all times
Winning in monopoly requires one to be the last player left in the game, that is, the last
one...