Month: April 2020

Episode #35: Appraiser Secrets – The Sales Comparison Approach

The Sales Comparison Approach compares recently-sold local similar properties to the subject property. Price adjustments are made for differences in the comparable and subject property.

The sales comparison approach is the foundation for the real estate professional’s CMA, Comparative Market Analysis. It is a process used to determine the current market value of a property based on recent sales of comparable properties in the area.

[mejsaudio src=”https://www.buzzsprout.com/230946/3477736-episode-35-appraiser-secrets-the-sales-comparison-approach.mp3″ height=”40″ width=”750″]

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Episode #34: Appraiser Secrets – The Cost Approach To Real Estate

The cost approach determines value by adding the value of the land to the cost of a new equivalent building, then subtracting out any depreciation.

In this episode we will walk through how appraisers calculate cost new, depreciation, and also how land value is determined.

[mejsaudio src=”https://www.buzzsprout.com/230946/3372946-episode-34-appraiser-secrets-the-cost-approach-to-real-estate.mp3″ height=”40″ width=”750″]

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Episode #33: Appraiser Secrets – Land/Site Valuation

In this episode we tackle land/site valuation.

Land and site valuation is an appraisal technique that involves gathering information about comparable site values of recent sales and creating a ratio between the land/site value and total value. This ratio is then applied to the property that is to be appraised.

[mejsaudio src=”https://www.buzzsprout.com/230946/3309829-episode-33-appraiser-secrets-land-site-valuation.mp3″ height=”40″ width=”750″]

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Are you ready to take the first step on your new path to success and freedom?  Through financial freedom, you too can achieve the extraordinary goals that you’ve set yourself up for.

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Episode #32: Appraiser Secrets – Highest & Best Use

Why is the highest and best use so important in the appraisal process?

It is because the highest and best use determines the most profitable use of real estate, whether the subject is vacant land or an improved property on the site.

Listen to our latest episode for a deep dive!

[mejsaudio src=”https://www.buzzsprout.com/230946/3225157-episode-32-appraiser-secrets-highest-best-use.mp3″ height=”40″ width=”750″]

Subscribe: Apple Podcasts | Android | Google | Stitcher | Spotify

Are you ready to take the first step on your new path to success and freedom?  Through financial freedom, you too can achieve the extraordinary goals that you’ve set yourself up for.

Mark “MJ” Jackson

Investor Comps – Training Courses, Real Estate Comps and Data Packages

The Culture of Success – 10 Natural Laws for Creating The Place Where Everyone Wants To Work

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