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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

To maximize profits and maintain good relationships with long-term tenants, the property manager must invest a lot of time and work. Determining rental rates and document prep: Here, too, this can be a time-consuming task. While many tenants are courteous individuals, some feel a 3:00 AM call over a trivial matter is appropriate.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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What to Expect from a Property Management Company?

The Robert Weiler Company

The day-to-day property management can include everything from picking up the phone for a tenant complaint to contacting a local vendor for a maintenance request. Tenant Management. Your property management company should also be well-versed in tenant management. Show prospective tenants the vacant units and the property.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Knowing what these additional components are is critical in making sure that the appraisal and ultimate value conclusion is appropriately documented, competent, non-speculative, and (most importantly) admissible to establish value and the just compensation to be paid. Top Reason For House Rules – The Folson Group Blog.

Appraisal 309
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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

FHFA’s Desktop Appraisal Oversight: OIG Report Highlights Documentation Gaps Oct 31, 2023 Excerpts: The lack of consistent record-keeping on desktop appraisal reports could pose risks to financial safety, with the OIG pushing for increased transparency and improved monitoring.

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A Guide to Property Investment Software Realtors Need in 2024

Listing Spark

You’re an advisor, a guide who manages the negotiations and technical contract elements of a real estate transaction while helping your clients steer their own buying and selling strategies. Document Management Tools Document management tools are especially vital if you serve investors.