Free home evaluations are a valid way of drumming up business. It was a great way to meet people who were interested in buying or selling houses and start a conversation about their needs and how we can help.
Cap rates and the direct capitalization approach to valuation is a useful tool to have in your toolbox as an investor. However, there are many supportive or alternative valuation methods besides just this one.
Listing and selling property efficiently requires several components. One of the fundamental keys is to price the property accurately. Not too high, not too low but in the middle to help the client get the most money possible.
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.