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Inside Commercial RE Appraisals - Segueway to Success

  • Broadcast in Business



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Join Brent, Tom and their guest David A. Kunkel, founder of Kunkel & Associates, a Lisle, Illinois based commercial real estate firm.  They will ask Dave how the industry has changed over the past few years and how his work impacts the lending practices of banks and, resultantly, how businesses can borrow, or not borrow, money. 


How commercial real estate appraisers do their job is a mystery to most.  Every business owner is impacted by their work, even if they don’t own their own space because somebody does and that somebody probably has a mortgage.  There is real science behind how an appraiser arrives at a value and there is also interpretative art.  That is why contracts often call for three appraisals to be performed and the average of the three used to set value.  The numbers can be very different.

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