Broker Opinion of Value (BOV) Leads To Ideal Price
SIP Broker(s): Anthony Ciafardoni
Transactions: Plainview, NY. In May 2017, Anthony Ciafardoni was asked by a repeat client to provide a Broker Opinion of Value (BOV) for a net-leased “Fedex Office” property in Houston. Anthony had previously sold a net-leased property in NY in 2014 and this was the sellers last remaining investment property. After lengthy research, Anthony compiled a BOV for the sellers with a selling price in the range of $1,850,000 – $2,225,000. By December 2017, the seller started the marketing process.
Silber was given the exclusive and was able to secure a buyer for $2,075,000 from an investor in the local TX area within 3 months.