Setting your property’s optimum selling price is crucial to a successful sale. An income approach based on the capitalization of the net operating income is the best approaches to establishing the best selling price for the property. A comparative market analysis of recent sales prices of similar properties is also helpful. This market-data approach is most frequently used in the valuation of residences. The third approach is the cost analysis using replacement costs and is used primarily useful in the evaluation of new construction where income and expenses have not been established.  Here’s why you NEED to know this important information: An overpriced property can extend market time and may sell for less than the market value, where an underpriced property may too quickly, but for potentially less than its actual worth. Here are some basic items that make for an optimum sale of your property.

·         Property Sale Brochure,

·         Complete sale presentation package,

·         The property current and projected Net Operating Income,

·         The market capitalization rate,

·         The property environmental report card,

·         Lender requirements and or restrictions upon sale,

Before you market your property, it is vital that you know the true market value in today’s ever-changing real estate market.

Have your property or project analyzed to discover it’s true value: