January 31, 2007—Commercial Property Appraisal has introduced what it describes as the industry’s first automated valuation system that creates commercial property valuation reports based on the property’s cash flow.
Commercial Property Appraisal’s system is designed to work for any commercial property in the world, explains the company. By inputting the commercial property’s income and expenses, the automated valuation system shows the property’s estimated value.
Previously available only to certified appraisers, mortgage brokers, financial institutions, and real estate agents, Commercial Property Appraisal’s valuation system is now available to the general public, announces the company. Thus, commercial property investors, buyers, and sellers can determine the value of any commercial property, based on the amount of income it generates in seconds.
The system uses the same mathematical equation the major banks and lending institutions use when evaluating how much they are willing to loan on a commercial property. Commercial Property Appraisal’s valuation reports are based on lending institution guidelines and give instant, online valuations that will help in deciding what price to list property.
For more information, visit the Commercial Property Appraisal Web site.
