Minnesota Real Estate Appraiser Discusses The Impact Of COVID - 19

Roseville, Minnesota based Minnesota Real Estate Appraisal Services is reaching out to discuss the impact on COVID-19 on commercial real estate. The firm is keen to share the benefit of their unique insight and experience with the members of their community, and they welcome any inquiries from interested parties on the subject.

The past few weeks have proven that the real estate market is not exempt from the worldwide pandemic that is currently shaking the lifestyle and day-to-day schedule of people all across the US. While experts expected that there would be a shakeup in terms of valuations of real estate property, the volatility of the market has once again surpassed the expectations of even the most cautious experts, who have been taken aback by price drops as well as plummeting mortgage interest rates.

"No one could have predicted that things would change this much at the beginning of the year, but here we are now, and it wasn't until a couple of months ago that we began seeing signs of a possible, significant shift in the market," says Clark Goset, owner of Minnesota Real Estate Appraisal Services and an expert on the field in question. "Now, mortgage interest rates have plummeted along with the prices of properties all across the country. Both investors and homebuyers are left wondering what they can do to protect their capital, and whether or not they should purchase real estate or hold on to their capital and wait until all of this passes."

Goset states that those who are in the process of buying or selling commercial real estate should look to make the most out of this situation. He says, "Rather than being passive and seeing how things shake out before making a move, you want to jump on the offensive and be ahead of things. Of course, this is easier said than done. Valuations are in a state of flux now for all types of property from apartments to retail spaces, offices and industrial plants, so any rash decisions could cost you a significant amount of money. To avoid this, you want to rely on the expertise and knowledge of a professional real estate appraiser who would ideally monitor the market's changes and advise you accordingly."

It is at times like these that real estate appraisers become one of the most important tools at the disposal of any real estate investor. Their experience, knowledge of market trends and discerning eyes can prevent their clients from losing a significant amount of money. Goset says, "This is not the first time that something like this has happened in the real estate market. By studying how things progressed in previous occasions, we can predict the upcoming market changes and prepare accordingly to make the most out of this challenging situation."

With over 40 years of experience in the industry, Minnesota Real Estate Appraisal Services is one of the most distinguished and well-known companies in the area. Their expertise and knowledge of the market are popular among local residents, who continue choosing the company for advice and guidance regarding their investments. They possess several success stories that attest to the quality of their services, and they are among the best-rated real estate appraisers in the area.

One of their most recent testimonials, as shared by Peter Palmer on the company's website, says, "Clarke Goset did a superb job on a project of ours, taking the time to evaluate some tricky easement issues that affected the use of part of a parcel we were developing. His knowledge and expertise helped establish a fair value all parties could agree to."

Another testimonial by Mike S. Decker says that they are grateful, “for your attention to detail. We had three lots to distribute to heirs, all similar but different. Your appraisals helped make the process of keeping things equal a lot easier."

Those in need of a commercial real estate appraiser in Minnesota may reach out to Clark Goset for further details. Additionally, they may find more information regarding Minnesota Real Estate Appraisal Services on their website along with a contact form through which they may schedule a consultation.