Boosting commercial real estate value is essential for maximizing your returns when exiting your investments. By implementing these 7 proven strategies, you’ll be well on your way to a profitable project conclusion. Essential avenues for improving value include increasing demand, boosting income, lowering expenses, and reducing risk. The following approaches make sense in nearly any […]
Mastering Days on Market is critical for fix and flip investors, private lenders, credit unions, hard money lenders, and small lending institutions. The number of days a property took to sell (or has been on the market) reveals valuable insights about property performance, pricing strategies, and market trends. Additionally, average Days on Market (DOM) figures
Knowing how to choose home comps is crucial for an accurate appraisal. Whether you’re selling, refinancing, or just curious about your property’s value, selecting the right comparables ensures you get the most realistic estimate. You might already have some experience with this, even if you don’t realize it! As professional appraisers, we want to share
Neighborhood property values are influenced by conformity, progression, and regression—key factors every appraiser, agent, and investor must consider when evaluating a property. When you’re preparing a valuation either as an appraiser, agent, or investor, you need to understand how neighboring properties affect the value of your subject, as well as how your subject impacts the
Fast real estate appraisals are essential when time is limited. Whether you’re closing a deal or evaluating an investment, you can’t afford to wait weeks for an appraisal report. The speed and gravity of the real estate closing and investment analysis process demand prompt reports that feature intensive detail, accurate adjustments, and solid reconciliations. When
Appraisal adjustments play a crucial role in determining property values during the real estate appraisal process. Homeowners, agents, and lenders often question the amount and type of adjustments made in appraisal reports. Understanding these adjustments is essential, as they account for differences in condition, location, closing date, and features among comparable properties Probably the most
As-Is vs. After-Repair Value (ARV): are two critical valuation metrics every real estate investor must understand. The as-is value represents a property’s worth in its current condition, while the after-repair value (ARV) reflects its potential value after renovations. One of the biggest challenges investors face is determining both values accurately to make informed buying decisions.
Balancing property condition and income approach is essential for accurate valuations. Appraisers must carefully assess both factors to determine a property’s true market value. Adjusting for condition isn’t something that most appraisers love to do, as it involves extensive research to estimate how physical improvements impact value. Adjusting for condition isn’t something that most appraisers
Massachusetts real estate appraiser is crucial for accurate and credible valuations of your commercial and residential properties. When considering lending money or working with a third party that will rely on your appraisal, it’s important to ensure that the valuation is reliable and trustworthy. Choosing an appraisal firm to handle your sensitive commercial and residential
Working with an independent Massachusetts appraiser can significantly save you money and time. Many Massachusetts valuation clients choose to work with appraisal management companies (AMCs) due to fears surrounding compliance issues with the Dodd-Frank Act and the Consumer Protection Act. However, it’s a common misconception that to avoid bias and maintain transparency, one must use