Broker Price Opinion for the practice building
For practice brokers, sellers and buyers
An independent opinion of sale price for the practice building, with optional market rent. Offered by NextSite Consulting, powered by Four Corners Valuations.
Written for dental and medical practice transitions and delivered nationwide within 7 business days. Order it while the rent and the sale terms are still being negotiated, not after a bank orders its appraisal.
The base report. Comparable sales and an independent opinion of sale price for the building.
Optional. Comparable rents and an opinion of market rent.
Reports start at $450
Written for a doctor to follow and a CPA to check. Delivered unsigned under NextSite's brand or your brokerage's brand.
Independent
The analysis does not change with who orders it. NextSite does not list the property or earn a commission on the sale.
Nationwide
Any state, ordered the same way.
7 business days
From scope confirmation. Rush delivery in as few as 4 business days for an added fee.
Built for practices
Comps from dental and medical buildings, owner-occupied when available, not generic office.
A practice sale moves on the practice numbers. The real estate comes up late, and by then the rent and the price have usually taken shape without anyone checking them against the market.
Price, rent and expense structure may be negotiated before anyone brings in an independent market opinion.
If there is financing, the lender’s appraisal usually comes after the real estate terms are already well underway.
A doctor may have charged the practice below-market rent for years. The sale often creates a new rent and expense structure, and the buyer asks why.
The number on the summary page, then the evidence behind it. Written for a doctor to follow and a CPA to check.
Each report names who it was prepared for, and can be handed to the other side of the deal.
View sample BPO report
(PDF, opens in a new tab)
Opinion of sale price, the effective date and one paragraph of reasoning. Market rent when it is part of the order.
Size, age, lot, zoning, assessment and tax record, photos and maps.
Dental and medical transactions where they exist, with the source of each stated.
Comparable rents and an opinion of market rent, with available lease terms and expense structures, including NNN or gross.
An income-based price opinion with income, expense and cap rate assumptions stated, and results at a half point above and below the selected cap rate.
Market and saturation information for the specific dental or medical service, using third-party data incorporated into the report by Four Corners Valuations.
The lease terms that commonly move what an investor pays, in plain language.
Assumptions, who the report was prepared for, and what it may and may not be used for.
A general commercial report treats a dental building as small office space. Two things in this one do not appear in a general report.
Dental and medical sales where the market has them, owner-occupied when available, with generic office named as the fallback when it is used, so the reader can see which is which.
Optional market and saturation information for the specific service, from third-party data, incorporated into the report by Four Corners Valuations.
Brokers, sellers and buyers order the same analysis. The comparables, the method and the conclusion do not change based on who paid for it.
A second opinion, or a number that isn’t yours to defend. Delivered under your brokerage’s brand if you prefer.
Set the rent or the price with something you can show the other side.
Check the rent or the price before the offer is final.
CPAs, attorneys, lenders and transition advisors when the real estate number needs an independent check.
NextSite Consulting is a flat-fee advisory firm. It does not take listings and is not paid on any transaction that follows this report. The fee is the same whether you sell, hold, or walk away.
The analysis is prepared by Four Corners Valuations, a national commercial real estate advisory firm serving banks, credit unions and real estate professionals.
“ Every PracticeBPO report receives quality review by an active MAI-designated professional, regardless of product price or reporting level. ”
Prepared by Four Corners Valuations’ commercial real estate analysis team, with quality review by an active MAI-designated professional. Reports are delivered unsigned under NextSite’s brand or the brokerage’s brand.
Independent of everyone at the table, including NextSite Consulting.
A bank orders its own appraisal once there is a loan application, and that document belongs to the bank. PracticeBPO is for the earlier decision, while the building price, the rent and the deal terms are still open.
A signed appraisal is the right document for lending, estate and gift filings, partnership disputes and litigation. If your situation calls for one, we will say so before you order. Those assignments can be ordered through NextSite Consulting and are fulfilled directly by Four Corners Valuations on their letterhead.
A few questions, about a minute. Nothing is charged today.
Reports start at $450. Need reports regularly? Ask about volume pricing.
You send the address and what the report is for.
We confirm scope and price by email before any work starts.
The report is delivered within 7 business days of scope confirmation, with a name and number to call if anything in it needs explaining.
A product of NextSite Consulting · Powered by Four Corners Valuations
Jason Price · [email protected] · 866-970-0350
PracticeBPO is an unsigned opinion of sale price and, when included in the ordered scope, market rent, prepared for the intended users and purpose identified in the report. White-label PracticeBPO reports are not intended for lending, estate or gift filings, or litigation. Assignments for those purposes may be ordered through NextSite Consulting and are fulfilled directly by Four Corners Valuations on FCV letterhead.
Real estate analysis prepared by Four Corners Valuations and offered through NextSite Consulting. PracticeBPO reports are delivered unsigned under NextSite's or the brokerage's brand.