another day, another RUSH BPO in Marin County, CA

It was 3pm on a Tuesday 6/16/09 when Mark Cooper got the call. A local bank was evaluating their portfolio and needed a rush BPO on a property in Larkspur. (Rush in this bussiness means done that very same day, or first thing in the morning!). Luckily the BPO team of KW commercial in San Francisco was ready for the job.

The bank had recently used two other companies for a valuation of the exact same property and the asset managers where unhappy with the results, One figure came in at 1.1m, the other at 600k! Something was defiantly fishy.

Back at the office Jeremy Shoenig pulled comps of recent solds and active listings to determine the price per square foot as a starting point for value. Within minutes Mark arrived at the scene, took notes on the unique features of the property and began taking photos that could be uploaded remotely.

Mark Cooper knows Marin County like the back of his hand and had shown property to an investor less then a block away a few months ago. The subject property was close to downtown larkspur and very desirable, it needed some cosmetic repairs and cleanup. The value range was set at $750k-800k.

The Bpo was done and posted within three hours of the assignment, it was accurate, had great photos, and was compeated by a team with years of experiece.

Mark Cooper's team provides valuations to Banks, Asset Manages, and Attorneys for San Francisco Bay area residential and commercial properties. For more information:

email: markcooper@kw.com

phone: 415-608-1036

http://www.propertyinbayarea.com/