For the other side of the deal
A supported asking-price range built from the rent roll up, with the cap rates and the reasoning behind it — the information you need to write the proposal, rather than a document written for you.
A range, with the cap rate that produces each end of it
One number invites an argument about that number. A range with its rates attached moves the conversation to the assumption that is actually uncertain, which is where it belongs.
- Built from the income, not from comps aloneThe NOI comes out of the rent roll you built from the leases, so the figure survives a buyer's analyst pulling it apart.
- Cross-checked per square footA value that works on a cap rate and looks wrong per square foot is worth knowing about before the listing presentation, not after.
- Sensitivities you can talk throughWhat the price does if the market moves 25 basis points, or if the vacant suite leases at a different rent. A seller's first question, answered in advance.
Listing price opinion
Low
$16.1M
Midpoint
$17.4M
High
$18.2M
- In-place NOI
- $1,209,604
- Market cap rate
- 6.95% – 7.50%
- Price per SF
- $87 – $99
The range is the deliverable. A single number invites an argument about the third decimal instead of about the cap rate.
We give you the information. You write the document.
This is a deliberate product decision and it goes against what most tools in this category advertise. DealWise does not generate your broker opinion of value.
A generated document is one you have to check line by line anyway, because it is going out under your name to your client. The checking takes about as long as the writing, and what you end up sending is our wording with your signature on it.
So the deliverable is the substance: the rent roll, the derived NOI, the range with its cap rates, the per square foot cross-check and the sensitivities. You write the proposal, in your voice, with the analysis already done — and you can sanity-check a value here without an account at all.
A broker price opinion is not an appraisal. Appraisal is a licensed activity with its own standards, and nothing here is a substitute for one where one is required.
Questions people ask
What is a listing price opinion?
A broker's supported view of what a property should be listed at, built from the actual income and a market cap rate rather than from comparable sale prices alone. It is what a listing presentation rests on.
Does DealWise generate the BOV document?
No, deliberately. It gives you the information the opinion rests on — the rent roll, the derived NOI, the range at a set of cap rates, the reasoning and the sensitivities. A generated document is one you would have to check line by line anyway, and it would put our wording under your name in front of your client.
Is this an appraisal?
No. Appraisal is a licensed activity with its own standards and this is not it. A broker price opinion is a broker's opinion, informed by the income and the market, and it is a different instrument for a different purpose.
Why a range instead of one number?
Because the honest answer is a range, and because a single number moves the conversation to the wrong place. Give a seller one figure and you will argue about that figure. Give them a range with the cap rates behind it and you argue about the cap rate, which is the thing that is actually uncertain.
Where does the NOI come from?
The rent roll, the same as everywhere else in the product — built from the leases rather than taken from the owner's summary. Which matters more on the sell side than the buy side, because the number you put in front of a seller is one a buyer's analyst is going to take apart.
Where this goes next
Cash flow modeling
The income the opinion is built on.
Property value calculator
NOI at a cap rate you believe. Free, no signup.
Lease comps
Supporting the rent assumptions behind the income.
What is cap rate?
The rate the whole range turns on.
All capabilities
Everything else the product does.
Price a listing to sell
The job this capability exists for.
Take the listing with the analysis already done.
Build the rent roll from the leases, derive the income, and get a supported range with the cap rates and sensitivities behind it. You write the proposal. Free plan, no credit card.