Property Valuation
Gross income multiplier (GIM) analysis differs from GRM analysis in that:
AGIM uses annual gross income; GRM uses monthly gross rent✓ Correct
BGIM is used for commercial properties only; GRM for residential only
CGIM requires USPAP certification; GRM does not
DThere is no difference between GIM and GRM
Explanation
The Gross Income Multiplier (GIM) uses annual gross income (GIM = Sale Price / Annual Gross Income), while the Gross Rent Multiplier (GRM) typically uses monthly gross rent. Both are quick value estimators but differ in the income period used.
Related Oklahoma Property Valuation Questions
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