In a recent article published by Forbes.com, the importance of evaluating the highest and best value of a property before selling is highlighted to maximize the selling price. The key takeaways from the article include:
– Working with the right broker who has current market insights and can provide a reliable broker’s opinion of value for the property.
– Understanding the difference between a broker’s opinion of value and an appraisal, with the former often being sufficient to start the sales process.
– Considering the property’s highest and best use, including potential opportunities for repositioning the property to attract buyers willing to pay more for the building.
By following these steps outlined in the article, property sellers can better determine the value of their assets and ultimately achieve the highest selling price possible.
You can read this full article at: https://papersourceonline.com/forbes-how-to-determine-the-highest-and-best-value-for-your-property/(subscription required)
Private Investors Capital is a professional private mortgage note buying firm with decades of experience. Contact us today for more information.
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