New analysis by leading property data provider, Search Acumen, shows that 16,780 properties across England above the rateable value of £500,000 will be affected by an increase to business rates if Chancellor Rachel Reeves goes through with planned reforms, having a material impact on occupiers and investors. The analysis indicates that business rates increasing will disproportionally impact London, with almost two-fifths (37%) of properties liable based in the Capital alone. The 6,100 premises have a rateable value of £9bn nearly half of the overall collective value of rateable properties above the £500,000 threshold.
An office building in Pleasanton was bought in a deal that cut the property's value nearly in half, records show. Real estate firms Cannae Partners and Realm teamed up to pay $8.5 million to buy the building at 4696 and 4698 Willow Rd., documents filed on Sept. 30 with the Alameda County Recorder's Office show. Deerfield Realty was the seller and provided the buying group with $4.25 million in financing at the time of the purchase, county records show.
Pricing properties correctly is critical to ensuring our listings sell for the best price and terms possible. The correct listing price means more exposure for your listings, which drives the price up and improves offer terms, especially when there are multiple offers. The more attractive the price, the more interested buyers you'll have. The more buyers, the more (and better) offers you'll be able to negotiate for your seller.
One of the most important sell signs is the state of the housing market around you. A seller's market, where demand outweighs supply, often means homes sell faster and at higher prices. Reviewing recent sales data can give you a clear picture of what to expect. Look at how long homes similar to yours stayed on the market and whether they sold above the asking price.
Recent studies reveal that green-rated buildings now command a significant premium in both rental rates and sales prices-up to 12.3% higher rents for buildings with the highest green ratings in prime Central London.