Real Estate - Cambridge, Massachusetts, United States
Residential real estate has had several online valuation services for more than a decade. They tell you what your house is worth. Now commercial real estate has an online valuation service--Zaxia. That apartment house you have been interested in - or the store block, or the office, or the warehouse building - they can all be valued at Zaxia, with the click of your mouse. A banker working with a client who has a property to use as collateral can know on day one where an appraisal of that property is likely to come in. With Zaxia you can remove the back and forth presented when a lender and borrower believe a property is worth different amounts. This way, they start out on the same page. The same can be said for brokers!One of the most important decisions in marketing a commercial property is the asking price. If the price is not realistic the property can linger on the market. By turning to Zaxia for an initial 'read' on the value, they can start the entire marketing effort on better footing. A Zaxia Report that backs up the asking price can be an important marketing tool to accompany the marketing brochure and even become a part of a new work product for appraisers. We provide Evaluations in a short format appraisal report.
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