Before employing the services of a commercial real estate appraiser, it makes sense to engage potential appraisers in a thorough discussion about their appraisal experience, business background and general viewpoint about the type of property you would like to have appraised. Some relevant questions that you would want to ask include: 1. Do you currently have […]
In the first two parts of this series, we have introduced and defined four different methods of estimating capitalization rates. In this part of the series, we will take a detailed look at market-derivation methods and the factors that should be considered when extracting market-derived capitalization rates. As has already been discussed in the previous […]
In the first part of this series we talked about the importance of accurately estimating the capitalization rate within a direct capitalization analysis and briefly introduced four common methods used to estimate a capitalization rate (OAR). In this part of the series we will more thoroughly describe and define these four methods which include market […]
The Income Approach is the main approach to value when appraising a property that is purchased for its income producing ability. This series will take a look at one of the key components of the direct capitalization analysis, a common technique used within the Income Approach to value. Direct capitalization is based on the simple […]
Although estate settlement can be stressful to the relatives of the deceased, it is an important task that requires conscientious decision making throughout the process. The executor of the estate has been given the duty to fulfill the desires of the deceased in a swift and committed manner. The real estate appraiser must also perform […]
In the third part of our look into the appraisal of office building properties, we will focus on some important issues related to the selection of comparable rental properties within the Income Approach. In order to have a reliable valuation, it is important to select comparable properties that could be substituted as an alternative to […]
[types field=’full_body’][/types]
[types field=’full_body’][/types]
