Broker Opinion of Value

What is your property worth right now?

Request a market price analysis and we will send a broker opinion of value for your property, commercial or residential, based on comparable sales, current and future rents, pro formas, and what buyers in your market are paying today. We regularly sell property well above what the comparable sales suggest: we build the future projections and pro forma that support the highest price possible, then find the buyer who pays it and deliver at closing. It is a free, confidential market analysis prepared by a team led by a CCIM, with no obligation to list.

What You Receive

A number with the reasoning behind it

  • Estimated broker opinion of value for a sale in the current market
  • Recent comparable sales in your market and property class
  • Current asking rents and where your rents sit against them
  • Cap rate and price per square foot context for the asset type
  • What would move the value up before you go to market
  • Full commercial underwriting and a CoStar market report for your property type and market

Who this is for

Owners considering a sale, investors testing a refinance, partners buying each other out, and estates that need a current value.

Property types

Office, retail, industrial, warehouse, multifamily, medical office, land, hospitality, assisted living facilities, and mixed use throughout South Florida and the rest of the state, plus residential homes, condos, and townhomes.

Broker opinion of market value

Free. No obligation to list. We will call to confirm the details before sending the range.
CCIM designationThe CCIM Designation

Is your commercial agent a CCIM? Why this matters

CCIM, Certified Commercial Investment Member, is the commercial real estate industry's highest credential for investment analysis. Only about 6 percent of commercial practitioners hold it. CCIM designees average 42 percent more transactions a year than a typical brokerage specialist and close more than $200 billion in transactions annually, according to The CCIM Institute. John DeMarco, Broker/Owner of RE/MAX 5 Star Realty, is a CCIM designee and leads every listing the group takes on.

Why a CCIM matters when you sell
Valuation Questions

Questions owners ask about property valuations

Is the broker opinion of value really free?

Yes. The DeMarco Real Estate Group prepares a broker opinion of market value at no cost and with no obligation to list. It is a confidential market analysis, not a certified appraisal, and it covers commercial and residential property across South Florida.

What is the difference between a broker opinion of value and an appraisal?

A broker opinion of value is a licensed broker's estimate of what a property would sell for, based on comparable sales, rents, and current buyer demand. An appraisal is a certified valuation used for financing or tax purposes. If you need an appraisal, we will tell you and point you to the right professional.

How is a commercial property valued?

Income property is valued mostly on the income it produces: current rents, achievable rents, operating expenses, and the cap rate buyers are paying for that asset type in that market, checked against comparable sales and price per square foot. Land, owner-occupied buildings, and homes are valued primarily on comparable sales and condition.

Can you value a home as well as commercial property?

Yes. The same team values single-family homes, condos, townhomes, and residential income property, using recent neighborhood sales, condition, and current buyer demand.

How fast will I get the valuation?

Most broker opinions of value are returned within two business days of receiving the address and basic property details. Larger or more complex assets, such as assisted living facilities or multi-tenant centers, may take longer because we underwrite the operations and the rent roll.

Seller Closing Cost CalculatorRead the guide: How to sell a commercial property in South Florida

Answers are general information from The DeMarco Real Estate Group at RE/MAX 5 Star Realty, 1901 Harrison Street, Hollywood, FL 33020, (954) 453-1000. Every property is different; request a free broker opinion of value for numbers specific to yours.

Prefer to talk it through?

Call the office and ask for the commercial desk.