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Real estate agent: Some Web sites offer automatic appraisals of the market value of almost any home, based on the...

GMAT Critical Reasoning : (CR) Questions

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Real estate agent: Some Web sites offer automatic appraisals of the market value of almost any home, based on the recent selling prices of other homes nearby. But a real estate agent familiar with a home and its neighborhood can assess the home's true market value far more accurately than any automated Web site can. Unlike the Web sites, a real estate agent can take into account a home's intangible aesthetic factors, such as views and interior design.

Which of the following, if true, would most strengthen the real estate agent's argument?

A
In general, real estate agents who take into account intangible aesthetic factors assess homes' market values far more accurately than other real estate agents do.
B
Most real estate agents take into account at least some intangible aesthetic factors when assessing a home's market value.
C
By considering a home's own sales history, a Web site can automatically account for many intangible factors specific to that home.
D
It is in a home seller's financial interest to have a real estate agent assess the home's market value as accurately as possible.
E
The recent sales prices of other homes in a neighborhood reflect intangible aesthetic factors that affect the desirability of the neighborhood as a whole.
Solution

Passage Analysis:

Text from Passage Analysis
Some Web sites offer automatic appraisals of the market value of almost any home, based on the recent selling prices of other homes nearby.
  • What it says: Web sites can automatically estimate home values using data from nearby home sales
  • What it does: Sets up the competing method that the agent will argue against
  • What it is: Background information about automated appraisal technology
  • Visualization: Website algorithm: Recent nearby sales ($300K, $320K, $310K) → Your home estimate: ~$310K
But a real estate agent familiar with a home and its neighborhood can assess the home's true market value far more accurately than any automated Web site can.
  • What it says: Real estate agents can value homes much more accurately than those websites
  • What it does: Makes the main claim by directly contrasting agent abilities with the website method
  • What it is: Author's main conclusion
Unlike the Web sites, a real estate agent can take into account a home's intangible aesthetic factors, such as views and interior design.
  • What it says: Agents consider aesthetic factors like views and design that websites can't measure
  • What it does: Provides the key reason supporting why agents are more accurate
  • What it is: Supporting evidence for the main claim
  • Visualization: Website sees: 3BR, 2BA, 2000 sq ft = $310K estimate
    Agent also sees: Ocean view + marble counters + hardwood floors = $380K estimate

Argument Flow:

The argument starts by acknowledging that automated websites exist for home appraisals, then immediately challenges this with the claim that real estate agents are more accurate, and finally supports this claim by explaining that agents can consider aesthetic factors that websites cannot.

Main Conclusion:

Real estate agents can assess home values far more accurately than automated websites can.

Logical Structure:

The reasoning follows a simple structure: Agents are better than websites because agents can consider intangible aesthetic factors (like views and interior design) while websites cannot. This creates a gap in what websites can evaluate, making agents more comprehensive and therefore more accurate.

Prethinking:

Question type:

Strengthen - We need to find new information that would make us more confident that real estate agents can assess home values more accurately than automated websites, specifically because agents can consider intangible aesthetic factors.

Precision of Claims

The argument makes a quality claim about accuracy ('far more accurately') and identifies a specific capability difference (agents can assess 'intangible aesthetic factors' like views and interior design while websites cannot).

Strategy

To strengthen this argument, we want new information that either: (1) shows that intangible aesthetic factors have a significant impact on actual market value, (2) demonstrates that websites' reliance on nearby sales data leads to systematic errors, or (3) provides evidence that agents' consideration of aesthetic factors actually translates to more accurate valuations in practice.

Answer Choices Explained
A
In general, real estate agents who take into account intangible aesthetic factors assess homes' market values far more accurately than other real estate agents do.

This directly strengthens the argument by showing that within the real estate profession itself, agents who consider intangible aesthetic factors are far more accurate than those who don't. This creates powerful support for the main claim because it demonstrates that the specific capability the agent highlights (considering aesthetic factors) actually translates to significantly better accuracy in practice. If aesthetic factors make such a difference among agents, then agents who can consider them should indeed be more accurate than websites that cannot.

B
Most real estate agents take into account at least some intangible aesthetic factors when assessing a home's market value.

This tells us that most agents consider some aesthetic factors, but this doesn't help strengthen the argument about accuracy. We already know from the passage that agents can consider these factors - the question is whether doing so makes them more accurate than websites. This choice doesn't provide any evidence about improved accuracy, so it doesn't strengthen the claim.

C
By considering a home's own sales history, a Web site can automatically account for many intangible factors specific to that home.

This actually weakens the agent's argument by suggesting that websites can account for many intangible factors through a home's sales history. If websites can capture these factors automatically, then the agent's key advantage (being able to consider what websites cannot) becomes much less significant, undermining the accuracy claim.

D
It is in a home seller's financial interest to have a real estate agent assess the home's market value as accurately as possible.

This focuses on the seller's financial interest in accurate appraisals, but doesn't provide any evidence about whether agents are actually more accurate than websites. The motivation for accuracy doesn't tell us anything about the comparative accuracy of different appraisal methods, so this is irrelevant to strengthening the agent's claim.

E
The recent sales prices of other homes in a neighborhood reflect intangible aesthetic factors that affect the desirability of the neighborhood as a whole.

This suggests that neighborhood-wide aesthetic factors are already reflected in the recent sales prices that websites use. If true, this would mean websites are already capturing important aesthetic information through their data, which would weaken rather than strengthen the agent's argument that websites miss crucial aesthetic factors.

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