Episode 091 - Value Is NOT One Number Are you under the impression that the appraised value is the only value? Let's set that false impression to rest and talk about a range of value, and how to better understand how to value property. Qualitative versus Quantitative valuation can help solve some of the issues found in valuing property. Don't focus so much on one number. Realize that value is a range. SHOW NOTES 01:50 – Value is not one number. 04:07 – Market value versus market price. 05:55 – Qualitative versus quantitative valuation. 08:05 – Validity to valuation when looked at as a range. 09:28 – Quantitative approach refines the value number. 10:45 – Recognize that your value is not the only value. 11:25 – Don't be so rigid on one number. SHOW LINKS Ricotta cheese vs. Cottage Cheese in Lasagna – https://greatist.com/eat/ricotta-cheese-and-cottage-cheese-what-is-the-difference BETWEEN THE LINES LINKS Email brian@brianclee.com Web brianclee.com Facebook https://www.facebook.com/groups/realestatebetweenthelines/ https://www.facebook.com/Brian-C-Lee-111822417027919/? YouTube https://www.youtube.com/channel/UCcv4dHU39-b5_QVVCIhbcBA?
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Brian Lee is an acclaimed real estate appraiser, broker, instructor, and construction expert with over 25 years of experience. He received his bachelor's degree in Finance and Real Estate from Indiana University. (GO Hoosiers!) After a disappointing attempt at being the next Jedi Master in the latest Star Wars movie, he discovered the "Force" was strong with him as a Real Estate appraiser and speaker.
Brian's knowledge and experience has taken him across the galaxy to train agents on topics including: real estate appraisal, agency, brokerage, business operations, contracts, and investing.
He loves helping agents provide value to their clients by...