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Xactus names chief operating officer

Housing Wire

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders. He previously served as the company’s chief data officer.

Tenants 356
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Always include your contact information and a call to action, such as an offer for a free home valuation. The same quantity of printed, inserted, stamped and mailed letters are $1.38

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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. To ensure that all parties are in agreement, you should compose contracts for all contractors and clients you do business with. Invest in marketing. Be clear with contractors.

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Impact of COVID-19 On Appraisals

Simonson Real Estate

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Moderate credit tenants – 6.5% Multi-tenant retail centers – 6.0% COVID-19 Market Analysis – Insights and Impact Analysis. Key Language in Letter of Transmittal.

Appraisal 143
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“No News is Good News” – It’s What We Strive For

Simonson Real Estate

Overall risk is higher for the bank in these circumstances due to economic factors which can lead to changing property values and potential risk of tenants or borrowers having revenue disruptions that impact their ability to pay their rent or their mortgage. In a bear market, appraisals tend to be scrutinized more closely (and rightfully so).

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . As noted within the beginner tips above, the valuation of a property is a fundamental step in commercial real estate investment.

Investing 138