Appraisers Blog

JUNE 15, 2023

Good luck with the demented “current world order” Just finished some self storage work and included 25 rent comps in the report based on a survey I conducted. It lowers the opposing attorney’s ability of bringing up the issue of overlooked comps. Too many I guess, right David. Oh well, back to my nonsense world!!

Comps 76

Comps Appraisal Banking Marketability 76

Appraisers Blog

OCTOBER 20, 2023

Which is painfully obvious when they request baseless revisions for “more or better comps” As the OP so eloquently states “As anyone who has been an appraiser for more than five seconds can attest, you use the best comps available. There were no “better comps” to be used.”

Comps 76

Comps Appraisal Marketability Banking 76

Brian DeChesare

OCTOBER 18, 2023

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking? Do you learn anything?

Banking 59

Banking Marketability Start-ups Equity 59

Appraisers Blog

OCTOBER 14, 2024

article quote; Our hubristic faith in the god-like powers of technology and central banks / states creates an illusion that the credit cycle turning is the result of a “policy error,” when in fact it’s just the way systems function. The closer your comps are, the fewer the adjustments required, the narrower the range.

Finance 98

Finance Data Analysis Comps Technology 98

Appraisers Blog

FEBRUARY 6, 2024

I did a VA appraisal some years ago, and the same bank wanted a different appraisal on a different property. Then post funding 2 months later the investor wants you to add 2 comps. Baggins, Thats horrible. If you’ve been doing this racket for long enough you’ll have handfuls of these stories. its endless.

Appraisal 75

Appraisal Comps Banking 75

Benzinga

APRIL 23, 2022

Here are the biggest takeaways that founders need to know: #1 Don’t Skip The Bank. I would think about what you could sell the company for without their help and ensure that most of their comp is achieved above that threshold. #2 To date, I have sold five companies that I cofounded, and through these exits, I learned a lot.

Comps 98

Comps Banking Marketability 98

Appraisers Blog

AUGUST 24, 2023

Although from a LEGAL perspective, the plaintiffs must prove INTENT, they are clearly looking for a payday or national notoriety, banking on the fact that most appraisers would just settle, let the E&O company pay out, and pray it all goes away. But winning in court is not their objective.

Appraisal 76

Appraisal Comps Banking 76

Appraisers Blog

MAY 24, 2023

Spencer, imagine a better run system, like comp searching, or some better elevation and respect for the appraisers vital role and important worthy participation in mortgage lending. In reply to Spencer Paul. Close and I understand your points, well taken regardless.

Appraisal 76

Appraisal Comps Banking 76

Appraisers Blog

FEBRUARY 25, 2024

Firstly, a bank giving an estimate of value based on what facts? If the bank knows the value, why get an appraisal? Just one of the main reasons to select the right comps. There are a lot of factors we must consider when choosing comps. My opinion, the report that aired was disingenuous.

Appraisal 98

Appraisal Comps Banking Equity 98

Viking Mergers

MARCH 8, 2023

Keep in mind that all businesses have issues; it’s just essential to address them prior to selling to avoid scaring off banks and buyers in the heat of due diligence. First, let’s cover what constitutes a “major issue” that could potentially scare away buyers. That’s great!

Comps 130

Comps Compliance Banking Finance 130

M&A Leadership Council

JULY 13, 2023

Consider the following questions in any transaction comps that you might consider including in your M&A universe: What was the state of the financial markets at the time of the deal? Did the acquirer source the transaction through its proprietary deal flow, or was it a competitive auction run by an investment bank?

Precedent Transaction Analysis 52

Precedent Transaction Analysis Comps Mergers & Acquisitions Banking 52

M&A Leadership Council

JULY 13, 2023

Consider the following questions in any transaction comps that you might consider including in your M&A universe: What was the state of the financial markets at the time of the deal? Did the acquirer source the transaction through its proprietary deal flow, or was it a competitive auction run by an investment bank?

Precedent Transaction Analysis 52

Precedent Transaction Analysis Comps Mergers & Acquisitions Banking 52

Brian DeChesare

DECEMBER 6, 2023

So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. So, while a traditional IB background at a top bank helps, you don’t necessarily need it if you start early or get relevant experience elsewhere. Do Multi-Manager Hedge Funds Deliver?

Start-ups 104

Start-ups Beta Marketability Comps 104

Appraisal Rights

JUNE 5, 2017

Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. Stockholders of SWS received a mix of cash and Hilltop stock worth $6.92 at closing. below the merger price.

Beta 40

Beta Risk Premium Capital Structure Discounted Cash Flow 40

A Neumann & Associates

APRIL 5, 2022

The third is that the Banks are still lending at favorable rates and encouraging small business (SBA) loans to make it easier to secure the necessary funds. This market lens is critical as it looks at what other similar businesses have sold for over the last several years (think about it loosely as a “comp”).

Start-ups 52

Start-ups Business Valuation Fair Market Value Comps 52

Equilest

NOVEMBER 25, 2023

These interviews are not just a mere formality but a critical component of the hiring process in finance, investment banking, and consulting. Prominence of Valuation Methods: Discounted Cash Flow (DCF) analysis, comparable company analysis (comps), and precedent transactions are often regarded as the three most used valuation methodologies.

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Valutico

MAY 6, 2024

The most common market-based valuation methods are the Comparable Companies Analysis (Comps) and the Precedent Transactions Analysis. Comparable Companies Analysis (CCA/Comps) Comparable Companies (Comps) Analysis involves identifying publicly traded companies in the same industry with similar growth prospects, and economic characteristics.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

Reynolds Holding

OCTOBER 9, 2024

The company’s D&O questionnaires, which “instructed recipients to ‘exercise great care,’” provided as a non-exhaustive list of examples of “material relationships,” commercial, industrial, banking, consulting, charitable and familial relationships, but did not list friendships.

Comps 45

Comps Banking 45

Value Scope

SEPTEMBER 24, 2020

TCFD provides recommended disclosures for these four areas and guidance on how to implement the recommendations for the financial sector ( banks, insurance companies, asset managers, asset owners) and the non-financial sector (energy, transportation, materials and buildings, and agriculture, food and forest products).

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Appraisers Blog

JANUARY 2, 2025

FNMA initiated buyback and state complaint and are saying I used improper comps cause they are in a different HS zone despite the comps being ~0.6 miles away with a supported/documented adjustment and despite me including 3 comps in the same HS zone and all are in the same ISD.

Comps 98

Comps Banking 98

Appraisers Blog

APRIL 29, 2025

We are the only ones who don’t make huge amounts of money on a deal; the realtors do, the banks do, we just get our pittance of a fee for ALL the liability.

Appraisal 98

Appraisal Comps Banking Marketability 98

Appraisers Blog

APRIL 26, 2025

I refused to workfor ant AMC after they were accepted by banks and other lenders so they farmed out the Appraisal departments to amcs.

Appraisal 98

Appraisal Comps Start-ups Banking 98

Equidam

APRIL 22, 2025

2] Startups typically lack significant historical financial data, often operate with negative profits initially, rely heavily on private equity or venture capital rather than traditional bank loans, and face a much higher risk of failure. [1] 8] [10] This process involves intense scrutiny from investment banks and public market investors.

Discounted Cash Flow 52

Discounted Cash Flow Marketability Risk Premium Start-ups 52

Equidam

APRIL 22, 2025

10-year Treasury or German Bund), which fluctuate based on central bank policies and inflation expectations. [23] The Era of Low Interest Rates (Pre-2022): For much of the preceding decade, central banks maintained near-zero interest rates (ZIRP). [33] 23] Risk-Free Rate: Tied to government bond yields (e.g.,

Discounted Cash Flow 64

Discounted Cash Flow Terminal Value Marketability EBITDA 64

Equidam

MAY 21, 2025

World Bank, Eurostat, CIA World Factbook), industry reports, or academic studies. Gartner, Forrester), SEC filings of public SaaS comps, User surveys, Pilot program data Epidemiological data, Clinical trial databases (e.g., Investors expect to see TAM figures substantiated by data from reputable market research firms (e.g.,

Marketability 52

Marketability B2B Comps Technology 52

Appraisers Blog

APRIL 25, 2025

Banks and Wall Street with their derivitives! People appraised a Dollar General with comps in other states that concluded in an over $2 million plus ripoff store in the boonies! He is following another playbook and he will allow the GSEs to use appraisal waivers, algorithms, AI, and all these techie assists for appraisers!

Appraisal 98

Appraisal Comps Banking Equity 98