NEW YORK CITY--In the most recent episode of the Knakal News Network, Robert Knakal, chairman of Massey Knakal Realty Services, discusses the keys and difficulties to getting proper value in the rapidly moving local land market.
The historic appreciation in New York land prices presents opportunities to the seller, says Knakal. But this can also make proper valuation difficult, as fair market values can be out of date from year to year, and even month to month. Knakal offers insights on the best ways to maximize profit, and offers some tips to ensuring the selling price is the best price the property can get.
To see the full video, "How to Get the Best Price for a Development Site," click here. For other videos from the Knakal News Network, click here.
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