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Real estate pricing is usually based on a comparative price in real estate education. This pricing system is a effective way for similar casing in similar locations because it takes into account the demand in the market. As everybody knows, demand is the most important factor in identifying the purchase price. However, in the case of commercial real estate, it is difficult to find an example close to each other, and similar property. Therefore, different approaches to the perseverance of commercial real property sales price need to be mastered.

Whenever we say commercial real estate store, shop, business place, office, plaza, business center, shopping mall (retail center), hotel, tourism facility, factory, production service, workshop, workshop, warehouse, hangar, gas station, hospital, school, parking, dormitory, marina, slot, such as commercial activity is subject to the subject. To determine the market price when the real estate is usually to be sold, it is enough to know the similar transactions which have been made in the recent times and the distinctions with the home sold to be sold. However, it is not easy to find similar transactions in commercial real property. Because of this, the price depends upon using different methods. Pricing in commercial real property marketing is one of the most important factors. Emotions from time to time come to the fore in the purchase of casing, and the purchase price falls back, however in commercial real estate, this is not very much involved. Strong marketing draws in commercial real estate customers but is the right fair price.

The following assumptions are created for the current price or market price. The customer is fully up to date about the properties of the house. Commercial real property on sale will be sold in the market in a reasonable time period and will be marketed in sufficient amounts. The highest cash sales price of the property will be targeted, and cash payment is available. A couple of no restrictive effects and pressure on prices. This price is named the purchase price or market price. Market conditions, the positive or negative opinions of buyers and sellers regarding the future work on this price. The intersection of source and demand in the complete information environment without limitation occurs at the reasonable market price.

The properties that act like the properties to be sold and lately entered in to the sales list, sold, quoted, and paid are compared. When it is not possible to find a similar one at a time, it is determined the worthiness of the house by making necessary corrections based on the criteria that make a notable difference. If sufficient and reliable data are available, it can be applied to all sorts of real property. It really is applied in most housing since it is possible to find the price of similar sales. It is also used in the evaluation of real estates such as income-free land. If there is data, it is the most appropriate method of determine the purchase price. It is not suitable to determine the value of real estate like a museum, collection, mosque, and college built for a particular purpose. It is the best calculation way for commercial and commercial properties utilized by the owner.

In assessing recent prices and transactions, positive or negative changes in markets should be studied into account since the amount of the transaction. In recent the istanbul residence years for example, the textile and clothing industry is struggling to compete with China and many companies ceasing production in Turkey... Creation made these vegetation are usually not very different from the problem in conditions of international width and ceiling height column. Therefore, it is difficult for other sectors to produce or store in these facilities. While the textile market is falling back in competition with each passing day and many companies leave the sector, it'll be deceptive to use the sales ideals manufactured in the last year's pricing.

When the lands are costed, the building conditions of the samples are examined. Regarding to their peers, structure conditions are determined as advantageous and disadvantageous. Based on the peers of the parcel, the facade, slope, landscape, street, such as negative and positive aspects are uncovered. The building type and the full total building area allowed by the existing zoning conditions are believed. When the go back to the land value is made by moving from the leasable or leasable construction area, the price is checked whether it is compatible with the precedents.

The prices of the building's licenses and annexes and the architectural task should be motivated on-site and in recognized institutions in the prices work of a complete building. It is vital to look for the current zoning position of the building and the prevailing floor elevation and use function, and the recognition of unlicensed floors, if any. The precision of the location of the building, whether it is built within the limitations of the parcel, the reconstruction of the street is questioned whether the presence of abandonment. Attention should be paid to the fact that the chosen peers are building precedents. In any other case, the price differences between the flooring are taken into account. Environmental precedents should be similar buildings. Basement floor, a standard number of flooring, floor size, facade, scenery and trade potential should be examined well.

In the case of the reconstruction of the house to be driven, the price will be used. The depreciation of the house to be sold at the estimated cost is deducted, and the price depends upon adding the land value. It can be used to determine the price of properties that are not frequently traded on the market. Suitable for structures with a special use. It really is a common method when there is absolutely no equivalent sales information. It is used within an unconventional property or in a very slow market. It really is useful in determining the price of non-revenue real property. It can be used to determine the price of unfinished constructions. If the framework to be decided the price is too old to be used.

The worthiness and price of real property depend on come back earned. The near future benefits and production capacity of the house are analyzed, and the present value of the return is calculated. It generally shows the relationship between your sale price of the house and the expectation of rent. It is suitable for properties that generate profits or are expected to create income. The most important factor to be considered when applying this technique would be that the income obtained can be continuing after changing the real estate. As an example, if a hotel is working on a brand string prior to sale and if the new owner and this brand support won't continue, the old period income will not be sustained. In cases like this, it is necessary to begin from the income to be obtained when unbranded.

Being a different example, if a gas station operator sells large amounts of sales through large surroundings and business cable connections, it is clear that sales and revenue cannot be suffered when real estate changes hands. In this case, the turnover that may be made under normal conditions for the reason that region should be taken into consideration, and the price should be driven in this manner. If it's an office building or plaza with a sales price, it can be marketed as 1000 m2 by the sales office when it's built, but this does not mean that it can be rented over 1000m2. Sales are made on gross square meters, and rentable areas such as reception and car parking areas are also shown in the total area. An office with a net usage part of 600 m2 (sweeping workshop) can be rented more than a gross part of 800 m2. The income account must be produced accordingly. The pace of capitalization in office appraisals differs from region to region and it is between 6.5% and 7% in special office regions in Istanbul.

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The capitalization rate is 5% -7% in the commercial type of shops. Public opportunities that will affect the kind of shops in an area, such as the construction of a special project (hospital, courthouse, etc.) can transform the profits on return. Quite simply, when the investments that will have an effect on the dynamics of the spot like the courthouse and the hospital are increasing, the sales prices in that region are increasing, however the rents do not increase at the same rate because the long-term effect of such investments boosts expectations and escalates the price, but the leases are identified according to the alternative local rental places on that day.

Expenditures to be made in the event of the task are approximated, and an estimate of the expenses is perfect for the expenses within the range of the business's marketing policies. Regarding improvement, the project's income is approximated. The problem of the sector, the location of the project near the location of similar projects pricing and sales numbers are used. The performance of the task is estimated, and its own present value is determined.

We've assumed that prices and other factors remain continuous in the methods up to this point. In real life, nothing remains fixed. If you wish to hit a flying parrot with an arrow, you must target at the front end of the parrot. Trend analysis can help you predict which path prices should go. For example, consider the Anatolian aspect office and plaza market in Istanbul. The rental income of commercial real property is higher than that of home properties. Traders were expecting to get much higher returns from the home by hiring the offices, plaza flooring; business center type real estates. Construction companies also examined this expectation, a lot of plaza, office, office at home built. Office rents began to descend from the highest point reached in 2017.

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However, building companies have continued to create offices because the expense of these offices is leaner than the expense of the apartments (a lot of the offices are shipped in four wall space, then based on the tenant's needs, dividers, floors, toilets, kitchens etc. are made, this will be a lot in comparison to a casing with fine work in düşürüyor). The vacancy rates in offices in Istanbul increased as new office areas were built.

Not surprisingly, the planned structure continues to rise, and in 2018, the supply of Class A offices in Istanbul's Anatolian aspect will be doubled in 2019.

If the demand does not develop faster than source, the effect is that office rents will fall. If the sales price of the true estate is determined by the Income Method, it is clear that income will reduce every day and the attractiveness of the buyers will decrease. In this case, the purchase price can be dependant on the values that will need place soon, rather than by the current figures. Otherwise, it'll be essential to consider much higher price cuts in the near future.