Feb 15, 2017 - 0 Comments - Educational -

Video answers the question: Can an agent tell me what my commercial property is worth?

In this quick video from The Commercial Real Estate Show, host Michael Bull answers a common question; “Can an agent tell me what my commercial property is worth?”  His answer is yes and no, yes if it is more of an indication of value, but no if it is to provide a loan or for a more formal valuation. I would note that I am asked about and opine on value on a regular basis, but always note it as only an opinion of value. Nevertheless, commercial brokers generally have a good idea of value, and given that they tend to provide these opinions at little or no cost, they can be a great first step in considering value and listing price.  Anyone with a real estate license in Florida should be aware that an appraisal can only be performed by a qualified appraiser.