Thesis Driven | Appraisal's Crunch Time
Thesis Driven | Appraisal's Crunch Time
With volatile prices and fewer transactions, appraisal is more difficult - and more important - than ever. What does this mean for real estate operators?
As the market begins to uncover pockets of distress, the role of appraisers and how technology can improve it are in focus. Appraisers are tasked with providing unbiased, third-party assessments of value to competing stakeholders. Comparable transactions are just one, trailing data point. Appraisers must also make forecasts and predictions to arrive at their valuations. The relative desirability of locations, changes in supply of various product types as well broader considerations like job growth and migration all influence appraisals. Actual transactions are then both inputs and outputs of this process.
I have started doing more writing outside of Lewis Enterprises. I worked with
of on this overview on the state of commercial real estate appraisal and the ways in which technology is changing the industry.I know many of my subscribers are real estate investors or operators. Thesis Driven covers emerging trends focusing on new concepts, technologies, and funding models. Brad delivers consistently sharp insight about the companies, people and ideas shaping the future of real estate. He is offering Lewis Enterprises subscribers 40% off annual subscriptions, link below article.
If you are a fellow Substack writer or a publication looking for differentiated analysis of real estate, private equity, or thorny special situations, please send me a note to edlewisenterprises [at] gmail [dot] com
