Real Estate Agent · Indianapolis, IN · Member since 2020 · 103 posts · 112 votes
4y
Hey Aamir,
First off, all broker opinion of values look different as they all have their own style. And also, some include comps and capital market assumptions for cap rate based on market setiments which can come from costar to. We send a BOV to all our client building owners every year free of charge and we also collect data from local appraisers to build our own comp records. Data is king in this field and the broker with the best data wins.
Real Estate Agent · Indianapolis, IN · Member since 2020 · 103 posts · 112 votes
4y
Hey Aamir,
First off, all broker opinion of values look different as they all have their own style. And also, some include comps and capital market assumptions for cap rate based on market setiments which can come from costar to. We send a BOV to all our client building owners every year free of charge and we also collect data from local appraisers to build our own comp records. Data is king in this field and the broker with the best data wins.
Attorney · Dallas, TX · Member since 2016 · 5k+ posts · 2k+ votes
4y
I think its pretty well described. You can ask a broker for a sample or a redacted version. They may be more willing if you tell them you're considering selling at the right price too!