Recently I had a conversation with a loan originator and thought of sharing it with our readers here to see their take on it.
According to this originator, most of the online information on commercial properties is inaccurate. He showed me a list of properties in his market with wrong Cap rate and GRM. He thinks that it is easy to calculate these vital pieces of information if you spend some time and use your local market experience. If the potential investors do not get the correct information to make the decision, properties will remain on the market for a long time. I will follow up in few months and see his progress.
Meanwhile, I am interested in hearing from Geek Estate readers.