Real estate investors aren’t content to simply leave their money in the bank. They want to make money in their sleep and understand the importance of making big bets when they find the right opportunities! Commercial real estate offers a lot of upside for well-qualified investors, and property values continue to outstrip inflation rates. But every investment decision you make should be supported by quality market research, and our team of professionals at Ferstl Valuation Services proudly offers trusted real estate consulting services in Little Rock!
We’ve been offering trusted real estate appraisals in Little Rock since 1967, and we’re always ready to put our experience to work for you! In addition to commercial and residential real estate appraisals, J.T. Ferstl, MAI, is also an Arkansas-licensed attorney who offers litigation support and expert witness testimony in eminent domain cases and property disputes. We strongly recommend scheduling real estate consulting services to determine if your upcoming property or land purchase is the right fit for your portfolio, and you should always consider the following before making an official offer:
Valuation-An independent appraisal is the best way to ensure that the listing price reflects the property’s fair market value. Sellers might offer deep discounts if they need to raise cash for other investments, but if a deal sounds too good to be true, it likely is!
Current Market Conditions-Property values are heavily influenced by supply and demand, and you can expect to pay higher prices if you enter a red-hot market too late. That doesn’t mean the property’s value won’t continue to appreciate over time, but savvy investors understand the importance of finding deals other buyers don’t know about yet!
Available Cash-You should always budget for preventive maintenance for every property you own and expect the unexpected. The demand for office space also declines during a recession, meaning a potential loss of cash flow if your property isn’t fully leased. If you don’t have enough cash on hand to get you through the lean times, pursuing other investments might be a better idea until you can build up more savings.
To learn more about real estate appraisal services in Little Rock or schedule a no-obligation consultation, contact us online or at 501-375-1439
