Skip to main content

Best Commercial Real Estate Software and Data for Valuation



 CARS is the software technology solution for commercial real estate appraisers that reduces the cost to generate commercial real estate valuations, including narrative appraisals, by 50 to 80%. This software benefits you from reducing the time to complete narrative appraisals from one week to part of a day. Explore the full range of software features below.


The Way Of Process:


Owner : Owner uses this software periodically to update commercial values.


Broker : Lists the property for sale.


Lender : The buyer or owner who is looking forward to refinance, shares CARS file with Lender.


Appraiser : Appraiser uses this software to complete appraisal.


Tax Consultant : Buyer / Investor engages tax consultants to manage future real estate tax liability.


Property Manager : Manages the current financial modeling of the commercial asset.


Portfolio manager : Aggregates individual CARS files into a discounted cash flow template by collecting all assets.


Analyst - Quickly updates the valuations with efficiencies and confidence.


The Accuracy You Desire:


  • Increases the profit margin of your appraisal firm from 10% to 30% or higher.

  • Licenced appraisers with 25+ years of experience.

  • Reduces report preparation time by 80%.

  • No third party data subscriptions are needed.

  • Data and comps are included within the application.


Data for Valuation:


  • CARS is a commercial real estate appraisal software tool linked to a national commercial real estate database; over 22 million commercial properties.

  • More than 7,000 commercial appraisals were completed on CARS during the first year. 


The Security You Require:


CARS is the one stop solution for all things connected with Big Data in commercial real estate


  • Eliminates the risk of data loss


  • Highly experienced appraisers


  • Reduces time by 50%+


  • The data of CARS is qualified, accurate, and has more information


  • It provides exactly the information you need, in the format you need, with the service you need.


Find your Big Data with Simple Solutions!


Comments

Popular posts from this blog

Tips to Appeal and Reduce Your Property Tax Annually:

  If any ask about property tax, most homeowners likely tell you that they pay too much. Property taxes are calculated by local governments and paid by homeowners, which is also called as real estate tax. It’s conceivable to appeal property tax by the value, taxman has assigned to your home. That “assessed value” is used to calculate how much tax you really owe. One major thing to lower your property tax is to show that your home is worth less, not as much as its assessed value. You can do the initial research by making a quick call to your real estate agent . Here are 6 steps on how to protest and reduce your property tax Annually: File a Protest - Texas property tax appeals are filed using a form provided by the appraisal district. Else you can send a short letter to the chief appraiser at the central appraisal district stating that you are protesting your property taxes. Minimize your property tax by protesting annually.  Research the Central Appraisal District’s Record Ca...

The Key to Success With Cost Segregation in the Pre-Construction Phase

  Today, Cost segregation is a strategy that more developers are utilizing into their construction plans. This strategy is a great way to increase cash flow.  When cost segregation is applied during the design phase of a building, many components that would normally be considered real property “become” tangible personal property. As you begin designing and developing a new commercial real estate construction project, it is vital you work with the General Contractor. This will guarantee that everything goes the way you had planned for it to and that everything is set within the cost segregation study. One of the primary reasons it is beneficial to start the cost segregation process prior to the construction phase is so that subcontractors can be used. By applying these techniques during construction, the use of subcontractors will ultimately help distribute the costs properly.  The whole reason you want to include cost segregation into the plans is to take advantage of the...