Russell Roberts Appraisals, Inc. is undergoing a quiet metamorphosis. With resolved determination, our team members have worked tirelessly to refine our business model and our level of service to our customers. We understand that we can make a positive difference in the lives of those around us - our families, our clients, our competition and yes, … [Read more...]
A Zero Sum Game – I’m not buying it.
In economics and game theory, a zero sum game is the idea that a win for one side is offset by a loss for the other. I don't buy it. I perceive a world of bounty, ripe for the picking for those who persistently pursue its fruit - not to hoard it, but to share it. From my perspective, this is what will make heaven a present reality for those around … [Read more...]
Often, our commerical appraisals are for new or nearly new commercial buildings. In many of these cases, the cost approach is the most relevant method and entrepreneurial incentive is an important element of this technique. But what is entrepreneurial incentive? Basically, it's the incentive an investor has for coordinating the construction of a … [Read more...]
Commercial Appraisals: Size Matters
One of the elements of comparison commonly found in the sales comparison approach section of a commercial appraisal is for building size. Rest assured, for commercial buildings, size matters. Buildings that are smaller tend to sell for a higher per-square-foot price. This pattern is observed across almost all property types. But the concept is … [Read more...]
Why a Commercial Appraisal Is the Best Gift You Can Give Your Business This Christmas Season
Commissioning a qualified professional to conduct a commercial appraisal of your business is truly a gift for both you and your business. Knowing the true price of your business will provide you with peace of mind, while it affords stability to your business. Anything can happen in the world of business, and by having a professional commercial … [Read more...]