Whether appraising a property in support of an expected sale or refinancing, as part of routine portfolio surveillance, or as part of a periodic audit, appraisal professionals can rely on Reis to supply impartial performance findings that support.
When it comes to supporting their assignments of value, appraisers demand precision and transparency in supply and demand data—and that is exactly what they find with Reis. Where did these asking rent and vacancy figures come from? What are the submarket average lease terms—including free rent, CRD, TI, and other concessions leading to a likely effective rent? How were the cap rates for my selected sales comparables derived? How is my subject property performing relative to its customizable peer group, and to submarket averages over time?
Reis is the only commercial real estate information provider that can answer questions such as these to an appraiser’s satisfaction. That is why so many of them have chosen Reis as their independent trusted source of due diligence support.
Not only is Reis’s information reliable, the site is easy to use. Appraisers often begin with an Address Search. Just a few keystrokes will return: