Appraising Automobile Dealerships - Part 1
Automobile dealerships are special purpose properties with their own nuances, quirks and uniqueness. Similarly, appraising automobile dealerships requires a different set of rules and understanding. Let’s explore two of the most unique aspects of this property type and how they affect automobile dealership appraisals. The Factory/Dealer Relationship Like many factor/distributor relationships, both parties are linked to each other. Yet the balance is not equal. One of the dealer’s biggest
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Appraising Automobile Dealerships - Part 1
October 6th, 2008 in
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