I heard a rumor today that appraisals are coming in lower than sale prices. This can be a real problem when trying to sell your building. It is imperative that the sale price you assign to your property reflects a price that banks will loan on the property.
There are a number of different ways to evaluate how much your property is worth. But the safest bet is to not marry yourself to just one methodology and to find an agent who can evaluate the property on a number of playing fields. With this in mind, I have recently enlisted the aid of an experienced appraiser to add value to valuations. For a very reasonable price, she will give you a "mini-appraisal."
Once you have her input, I will help you look at the market in which your building is located and together we can figure out how to price your property to sell, lease or hold.
Wednesday, April 15, 2009
Monday, April 13, 2009
What can I give my clients?
I am always looking to add value to my services. Right now, I help evaluate worth, help prepare contracts, market properties, find tenants, find buyers, negotiate leases and purchases, help new businesses with marketing plans, advise on locations, and write about businesses. I am looking for ideas of what folks need in this market to make their businesses tick better. Please let me know if you have ideas or suggestions.
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