Brokers and Cap Rates?

[Jesse Daconta]

Hey guys,

When you're talking to a broker how do you know the broker isn't falsely making the cap rate a little lower than what the market is paying?

V/r,

Jesse

[Scott Passman]

@Jesse Daconta  Your best bet would be to verify the market cap rate with another broker or to reach out to a commercial appraiser and get their opinion.  Between the two, you should get a good idea on what the cap rate should be.