cost approach: The Secret to Pricing Commercial Real Estate
- 01/22/11 12:59 PM
Pricing is often a touchy subject for sellers of commercial real estate. Often a seller will want to price their property based on what they owe, what they paid, or what they'd like to get. Unfortunately, these three numbers don't usually have much to do with what the market will bear. Pricing a property in line with the market is the best way to attract several potential buyers. More buyers means more chances to get the best possible price for a property. So how do we figure out what the market price should be? There are 3 typical ways to value a property … (0 comments)
Commercial Real Estate blog discussing investing, selling, and leasing retail, office, industrial, residential, mixed-use, hospitality, self storage, and other commercial real estate in the greater Reading, PA market.
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Pricing is often a touchy subject for sellers of commercial real estate. Often a seller will want to price their property based on what they owe, what they paid, or what they'd like to get. Unfortunately, these three numbers don't usually have much to do with what the market will bear. Pricing a property in line with the market is the best way to attract several potential buyers. More buyers means more chances to get the best possible price for a property. So how do we figure out what the market price should be?
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