How Much Time Could This Save You On Valuing Land?
Have you ever wondered what a parcel of vacant land is worth? And no, I'm not talking about what the seller or their listing agent has it listed for – but what it's ACTUALLY worth. If you're in the land investing profession, you probably know this is a dilemma we've always had to deal with. And it's a BIG problem. Why? Because the conclusions you draw about property's value will affect everything else in the process… How much you offer for the property. How much you list it for when it's time to sell. How fast the property ends up selling. How much you end up selling it for. How much profit you make on each deal. What kinds of properties you choose to pursue in the first place. The way you determine a property's “market value” is an extremely important and influential part of how your business ends up working. If you get this part wrong, everything else falls apart… so how can you come up with a solid, educated, reasonably accurate valuati...