tag:blogger.com,1999:blog-319312139173068397.post3375540268957761134..comments2024-02-26T07:03:07.172-08:00Comments on International Appraiser: Objective valuation advice on international real estate: Commercial Real Estate Values Rising Due to Cap Rate CompressionVernon Martin, MSRE, CFEhttp://www.blogger.com/profile/02054820435980122674noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-319312139173068397.post-50709377940888248232014-01-27T03:07:22.486-08:002014-01-27T03:07:22.486-08:00I found this blog very informative and I would lik...I found this blog very informative and I would like to see some more blogs on this topic.<br /><a href="http://www.flaglerdev.com/index.php?option=com_content&view=article&id=49&Itemid=50" rel="nofollow">Contact Flagler - Florida Commercial Real Estate</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319312139173068397.post-60898016969152283112014-01-21T23:33:27.043-08:002014-01-21T23:33:27.043-08:00You're preaching to the choir, George. When I...You're preaching to the choir, George. When I contemplate the difference between price and value, I think of the writings of Warren Buffett, who has made a lot of money knowing the difference between price and value. Nevertheless, the appraisal profession boxes me in to what I can do. Vernon Martin, MSRE, CFEhttps://www.blogger.com/profile/02054820435980122674noreply@blogger.comtag:blogger.com,1999:blog-319312139173068397.post-36946744640137514292014-01-21T13:38:58.655-08:002014-01-21T13:38:58.655-08:00Vernon,
This is exactly why I contend there is a ...Vernon,<br /><br />This is exactly why I contend there is a difference between Price and Value. The intrinsic value of the properties you appraised have remained level to more likely declining as their NOI shows. Their value is level to down. Their Price is up. Two totally different things.<br /><br />However, the problem in the USA is our definition of Market Value references 'price.'George R. Mann, CRE, FRICS, MAInoreply@blogger.com