Q&A
Council Member Salaam inquires about market value determination and agency collaboration
1:27:31
·
40 sec
Council Member Yusef Salaam poses two questions to the agency representatives regarding methods for determining market value in unsolicited property offers and facilitating collaboration between agencies to support homeowners.
- Salaam asks about methods to determine and disclose market value for unsolicited offers to purchase residential properties
- He inquires about ways to facilitate collaboration between agencies and organizations to effectively deliver support and counsel services to homeowners
Yusef Salaam
1:27:31
That being said, I do have, 2 questions.
1:27:35
One is that it's my understanding that proper market value can be determined through an appraisal that requires close inspection done by a bank.
1:27:46
In the case of a buyer making an unsolicited offer, what methods can be employed to determine and disclose that market value in unsolicited offers to purchase residential properties?
1:28:00
What's the methods that are there?
1:28:01
And then how can collaboration with other agencies and organizations be facilitated to effectively deliver support and counsel services to homeowners?
