Difficulties faced by the valuer at arriving at a rent, question
Have recently gotten into Real estate finance. Am curious about the following question.
What are the main challenges/difficulties faced by the VALUER in arriving at a rent of a commercial property?
(including physical, economic and practical factors) (using RICS 2014 definition of Market Rent)
Sounds like you're trying to get the WSO forum to answer your thesis question.....
Arriving at a rent price isn't challenging.
Well the VALUER would be thinking about 1). Rent comps, 2). trends with free rent, 3). new supply, 4). submarket vacancy and most importantly 5). what was rent for the last lease that was signed at the property (best comp).
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