No surprises
What you'll get
A written broker opinion of value, walked through with you by Stockton Farnsworth. Here is exactly what's in it. Professional ethics standards for real estate licensees list what a written opinion like this should cover, and we follow that list.
What's in it
The property
Address, parcel number, property type, size and what's there today.
The date
Values change with the market, so the opinion is dated.
What kind of value
A likely sale price range in today's market for the property as it is, unless you ask for something else.
Purpose and who it's for
Written for you, the owner, to help you plan. Not for a lender, a tax appeal, a court or an estate.
Our interest
We're commercial brokers and we may hope to list or sell the property for you one day. We say so in writing.
How we got there
The income approach and recent comparable Utah sales, with the market data we relied on listed.
Assumptions and limits
What we took as true (your rent roll, the building's condition) and what we didn't inspect.
Not an appraisal
A clear statement that this is a broker opinion of value, not an appraisal by a state-licensed appraiser.
A peek at the summary page
SAMPLE LAYOUT · placeholder values · not a real property
Broker Opinion of Value · prepared [date] for [owner]
[Address] · [parcel number] · [property type], [size]
Likely price range: $X,XXX,XXX to $X,XXX,XXX
Based on: net operating income of $XXX,XXX at a cap rate range of X.X% to X.X%, and [N] comparable sales.
Prepared by Stockton Farnsworth, Associate Broker, licensed in Utah, Team Utah Commercial, brokered by RE/MAX Associates. This is a broker opinion of value, not an appraisal.
No charge for the opinion of value, and no obligation. We're paid only if you later hire us to sell or lease, under a separate written agreement.