by Shawna | Aug 19, 2024 | Blog
The purpose of any real estate appraisal is to determine the market value of the property being appraised. The handbook of the Appraisal Institute defines market value as; “The most probable price which a property should bring in a competitive and open market under...
by Shawna | Aug 19, 2024 | Blog
Office buildings are excellent commercial properties to own. One of the most important jobs of a leasing agent for a building with available space is to analyze other buildings to see if any tenant could be induced to move. Newer buildings may fill up at the expense...
by Shawna | Jul 30, 2024 | Cap Rate Research, Research
Click below to view our Q2 2024 Cap Rate Study. Click Here
by Shawna | Jul 25, 2024 | Blog
A purchase-option contract lets the buyer-optionee purchase a property at a specific price within a certain period of time. If the option is exercised, a closing is held and the property is purchased at the price previously agreed upon. There is no legal obligation to...
by Shawna | Jul 25, 2024 | Blog
Property owners own investment real estate for profit. With proper management, they can earn a good return monthly from one property or a portfolio of properties. However, a certain property may have been acquired for an upgrade, to bring in income later or sell for a...