Comments on: The Importance of Home Valuations http://www.realtythoughts.com/2006/10/the-importance-of-home-valuations/ The world of real estate and technology online Mon, 08 Dec 2008 21:41:06 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Darin Garman, CCIM http://www.realtythoughts.com/2006/10/the-importance-of-home-valuations/comment-page-1/#comment-1195 Darin Garman, CCIM Thu, 19 Oct 2006 06:43:48 +0000 http://www.realtythoughts.com/?p=107#comment-1195 One of the things that I see happen, a lot, is people get trapped in the \"what if\" mode - especially when looking at investment real estate. They\'re not sure how to succeed at commercial real estate. For starters, it makes sense to gather as much information as you can and analyze this information before doing anything - no question about that. As a matter of fact there are many people that DO NOT do enough of this. However, after some have the required information to make a decision - they still pull the \"what if\" card - to their detriment. What if the ecomony goes to hell? What if the tenant trashes the place? What if interest rates go up? What if the owner is lying about.....? Etc. You have got to have the energy to get beyond these kinds of what ifs. If you do not and, Yes, stick you neck out there, you will look back on what you did not do with more regret that what you probably did do. Especially when it comes to investment real estate. If I had a dollar for everytime I heard \"Should have bought that property\" I would be Bill Gates neighbor on the Forbes 400 list. Don\'t get too analytical. Too anal. This will hold your wealth back almost more than anything else. Best. Darin Garman, CCIM Apartment And Investment Property Specialist P.S. If you have not taken advantage of my special limited time 2 month complimentary \"test drive\" of the Commercial Investment Property Owners Association, here is another opportunity to see what you have been missing... http://www.garmanupdate.com One of the things that I see happen, a lot, is people get trapped in the \”what if\” mode – especially when looking at investment real estate. They\’re not sure how to succeed at commercial real estate.

For starters, it makes sense to gather as much information as you can and analyze this information before doing anything – no question about that. As a matter of fact there are many people that DO NOT do enough of this.

However, after some have the required information to make a decision – they still pull the \”what if\” card – to their detriment.

What if the ecomony goes to hell?

What if the tenant trashes the place?

What if interest rates go up?

What if the owner is lying about…..?

Etc.

You have got to have the energy to get beyond these kinds of what ifs. If you do not and, Yes, stick you neck out there, you will look back on what you did not do with more regret that what you probably did do.

Especially when it comes to investment real estate.

If I had a dollar for everytime I heard \”Should have bought that property\” I would be Bill Gates neighbor on the Forbes 400 list.

Don\’t get too analytical. Too anal. This will hold your wealth back almost more than anything else.

Best.
Darin Garman, CCIM
Apartment And Investment Property Specialist

P.S. If you have not taken advantage of my special limited time 2 month complimentary \”test drive\” of the Commercial Investment Property Owners Association, here is another opportunity to see what you have been missing…

http://www.garmanupdate.com

]]> By: darin persinger http://www.realtythoughts.com/2006/10/the-importance-of-home-valuations/comment-page-1/#comment-1122 darin persinger Mon, 09 Oct 2006 08:42:35 +0000 http://www.realtythoughts.com/?p=107#comment-1122 not to different then www.KBB.com Consumers can see car prices but it still comes down to what a buyer is willing to pay for and a seller is willing to sell for. period. the house is product just like anything. not to different then http://www.KBB.com Consumers can see car prices but it still comes down to what a buyer is willing to pay for and a seller is willing to sell for. period.
the house is product just like anything.

]]> By: jf.sellsius http://www.realtythoughts.com/2006/10/the-importance-of-home-valuations/comment-page-1/#comment-1057 jf.sellsius Tue, 03 Oct 2006 21:20:31 +0000 http://www.realtythoughts.com/?p=107#comment-1057 Thanks for the reference and link. We ran a few polls on zillow (viewable on our blog tab) and found that most people do get it. Most realize a professional is a necessary component to interpret data & tweak it to adjust for market conditions and other unzillowables. Zillow's recent changes allowing for owner correction & addition is proof that public data alone is insufficient. Thanks for the reference and link. We ran a few polls on zillow (viewable on our blog tab) and found that most people do get it. Most realize a professional is a necessary component to interpret data & tweak it to adjust for market conditions and other unzillowables. Zillow’s recent changes allowing for owner correction & addition is proof that public data alone is insufficient.

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