Sentences with phrase «opinion of value comparable»

Not exact matches

In this case where Microsoft's Xbox and Kinect sensors are accused of infringing a facial recognition patent, the Virginia court excludes some opinions regarding the use of comparable agreements, the Entire Market Value Rule, and the basis for a lump - sum royalty.

In such cases, brokers should protect themselves by getting a fair opinion of value and providing comparables to support the sale price.

Whatever the judge's rationale, it would still be based upon his intepretation of the legal principles of his precedents of choice, with that intellectual process being a similar procedure used by real estate appraisers when establishing their opinions of so - called market values of subject properties by choosing certain comparable sales from amongst many available to justify said opinions.

This would in turn skew the comparable's / comparables» validity / validities vis a vis accurate objective methodology when establishing a subject's and / or subjects» opinion (s) of value.

If these appraisers end up in court as witnesses with disputing opinions of values vis a vis disputing litigants, each lawyer for each side will cull through All comparables available for consideration at the time of each litgant's appraiser's report date, and will rip apart each appraiser's methodology and subjective application of values as noted within the market value adjustment grid.

The best that can be accomplished via «drive - by» is a general range of value, in the so - called appraiser's opinion, based upon the exterior of the property «only» in conjunction with so - called comparables of neighbouring properties's sales figures.

Later in the process, an appraiser reviews the home, and the local comparable sales, to establish their opinion of the home's value.

Finally, an appraised value is simply one appraiser's «opinion» of value for that particular day based upon said appraiser's choice of comparables (usually three) from amongst many comparable sales available.

Some appraisers simply call a couple of their real estate sales buddies and ask their opinions regarding market values of certain properties, then fill in the blanks on the market value comparison grids with appropriate comparables that make the final numbers jive.

Opinion or estimate of a value of a property, values are determined by one of three methods: comparable sales (residential), replacement cost (insurance), or income approach (commercial).

She also said competent and qualified appraisers know how to use distressed sales, such as foreclosures, as comparable sales when determining a reliable, credible opinion of value.

The way to determine your depreciation basis that will bear up to IRS scrutiny is to get an appraisal (strongest) or a real estate agent's opinion of comparable market value based on recently sold properties (weaker, but still defensible).

It's also important to note that an appraisal is an opinion of value, which is based entirely on a subjective selection of a few recent sales that he or she deems comparable to the subject property.

MLS — the creation, managing, entering the data, monthly internet costs Legal forms — the creation, understanding the «legal» forms, cost for them Opinion of Value — comparables and current market conditions Education — never ends when you get you're licence; should always be active with the economy, mortgage rates, new by - laws; the list goes on Time — dealing from the first call, to the appointment, checking into information if need be, confirming all information is correct, and then having the system in place to bring active buyers to their home Insurance — somebody should have insurance — the Realtor pays Advertising — cost to advertise — not cheap Office supplies — from the paper, ink, signs and posts on the front lawn, computers, printers, monthly internet fees... and the list goes on...