Answer: Depends on the assignment
Explanation: The projects vary, 5 working days or more. |
| John A Meyer Appraisal Company |
Answer: Two weeks
Explanation: Ten business days is typical and during busy times might go to fifteen but we try our best to meet our clients needs. |
| Appraisers,Inc |
Answer: Depends on the assignment
Explanation: Typical a commercial appraiser requires 14-21 days to complete a commercial appraisal report. Commercial appraisal reports are typically produced in narrative format and require multiple approaches to value (e.g., Sales Comparison Approach, Income Capitalization Approach, and possibly a Cost Approach). Each approach requires adequate research for comparable sales, comparable rentals, as well as a GRM, GIM, and/or cap rate survey. When a lender requests a commercial appraisal on a rush basis, the fee offered (not requested) is typically substantially higher and is rarely never less than seven business days. |
| Detailed Analysis, Inc. |
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| ProMatcher |
Answer: Depends on the assignment
Explanation: Depends on the complexity of the assignment |
| Cheryl Adamousky |
Answer: Depends on the assignment
Explanation: Every assignment in commercial real estate appraising is unique and therefore requires the appraiser to have a firm understanding of the clients needs and expectations before an expected completion time can be estimated. |
| Trusted Appraisers Group (NC, SC, GA, TN, VA, NY, MD, PA, KY) |
Answer: Depends on the assignment
Explanation: Turn times are typically 3-4 weeks, often can accommodate 2-weeks, and sometime longer than 4-weeks depending. |
| BCL REAL ESTATE SERVICES, LLC |
|
| ProMatcher |
Answer: Two weeks
Explanation: Unlike residential appraisals, commercial properties require a wider search due to the limited number of comparable sales. Too often we have to purchase comparable sales from certain vendors as commercial sales are often not listed on the MLS. |
| Wall Street Appraisal |
Answer: Two weeks
Explanation: Turn times vary per appraisal, but generally we are able to complete appraisals in a 2-4 week period. If you need an expedited appraisal, let us work with you to provide you with a rush order. |
| Reece Appraisal Group |
Answer: Depends on the assignment
Explanation: Some commercial appraisals take longer to complete, i.e., multi tenant office buildings are more time consuming to complete than a small single user office. However, most can be completed within two weeks or so depending on our work load and property type. |
| V.A. Solano & Associates, Inc. |
|
| ProMatcher |
Answer: Two weeks
Explanation: One to two weeks is typical. Very large projects can take longer, smaller single use properties may take less time. |
| Accurate Appraisals USA |
Answer: Depends on the assignment
Explanation: Completion fees vary depending on property type, complexity and current number of assignments. |
| West Valuation Inc. |
Answer: Three weeks
Explanation: 30 days is standard, but some reports can be done in less time |
| CORRELL Commercial |
|
| ProMatcher |
Answer: Depends on the assignment
Explanation: Depends on the assignment. |
| Provost International Realty |
Answer: Depends on the assignment
Explanation: I do not currently do commercial appraisals, but I have in the past. Each one is different. |
| LAKE AREA APPRAISAL FIRM |
Answer: Depends on the assignment
Explanation: More units take more time. Multiple types (commercial, retail, medical) extend time |
| TriCoast Appraisal, LLC |
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| ProMatcher |