Property condition assessment services are a critical component of commercial real estate due diligence. However, not all of these services are created equal. Some services, such as those offered by RSB Environmental, provide more value for your clients.
If you need to book a property condition assessment (PCA) for a piece of property in a real estate deal, we have the team for the job.
What Separates Our Property Condition Assessment Services?
Here are 5 good reasons you can trust our company to complete the PCA according to your timeline and need.
1. We Have Conducted Over 5,000 Assessments
There is no substitute for experience, and we have more practice than most assessors. RSB Environmental has performed more than 5,000 assessments. Each one was completed in accordance with the latest standards, such as ASTM e2018 (Standard Guide for Property Condition Assessments).
A large number of these assessments were performed in our home state of Texas , but we have helped clients across the country. No matter where the property is located in the Continental U.S., we can perform the assessment.
All of this experience means that we know just what to look for. We have assessed properties like:
- Hotels
- Apartments
- Retirement communities
- Industrial facilities
- Factories
- Production Sites
At RSB Environmental, we take pride in being the project professionals and experts in our field. Our team is equipped with the knowledge, skills, and experience needed to assist with any property condition assessment. We conduct thorough and efficient inspections of properties of all kinds, providing you with important site condition data you can rely on. With our aptitude for property condition assessments, you can confidently move forward with your deals, knowing that you have the solutions you need to make informed decisions. Trust RSB Environmental for all your property condition assessment needs.
2. Our Team Includes Licensed Engineers
Did you know that a property condition assessment can be enhanced by the expertise of engineering specialists? It’s true! While some assessors may not use engineers in their assessment teams due to the additional cost, this approach may compromise the thoroughness of the assessment and result in key issues being overlooked.
This is where RSB Environmental comes in. Our assessment teams consist of licensed engineers, ensuring a comprehensive and detailed evaluation of your property’s performance. Don’t let overlooked issues on your projects become a headache for your clients – trust RSB Environmental for all your property condition assessment needs.
Fortunately, you can avoid this headache with RSB Environmental. All of our assessment teams include licensed engineers.
- Our engineers can closely examine the structural and functional facets of your property.
- They can uncover vital issues or concerns that impact property usability.
So why settle for a subpar assessment? The answer is that you shouldn’t. Instead, reach out to RSB Environmental and let us help with your assessment needs.
3. We Can Find Big Ticket Items
The whole purpose of an assessment is to uncover key maintenance and repair issues. These big ticket items can cost your clients thousands or millions of dollars if not uncovered. Therefore, you need to hire a reputable assessor like RSB Environmental.
We have a history of finding high-priority issues. The systems we assess during inspection includes:
- Roofs
- Electrical infrastructure
- HVAC systems
- Plumbing
- Parking lots
- Gutters and downspouts
- Windows
If any of these systems are in disrepair, we will find out about it. But we don’t stop there. We also provide estimates on repairs. These projections allow your clients to make informed buying decisions. You can also use our reports to adjust bids and justify making a lower offer.
4. RSB Environmental Offers Fast Turnarounds
Typical due diligence periods only last 30 days. This limit means you have to act fast to assess a subject property. Otherwise, you will need to request an extension from the seller. As you know, asking for an extension can create undue friction. It may cause you to lose the deal entirely.
We help you keep your deals on track by offering fast turnarounds. Most property condition assessors take 4-6 weeks to complete a report. Talk about being in a time crunch. However, we can complete PCAs in just 5-7 business days nationwide. This speed gives you time to:
- Review our findings
- Renegotiate price
- Obtain repair bids
- Submit new offers
- Schedule additional inspections
Speaking of additional inspections, we also offer package deals. We can book your PCA and environmental site assessments (ESAs) during a single consultation. This set-up ensures all of your due diligence is complete within the 30-day window.
5. We Provide Detailed Reports
We pride ourselves on providing clients with extremely detailed reports. Our team documents all of our findings and provides a breakdown of any concerns we have. This approach helps you and your clients quickly digest the information in our reports.
To date, our reports have helped clients close more than $1 billion in real estate deals. Our clients frequently praise us for our attention to detail and rapid response times. When time and accuracy matter, RSB Environmental is the only choice for your PCA needs.
Get a Quote Today
RSB Environmental is committed to delivering maximum value to our clients. That is why we work to provide quick turnarounds. We also leave no stone unturned when providing our property condition assessment services. Our effort ensures that your client has the necessary information to make an informed buying decision.
Want to learn more? If so, then get in touch with our team today. We can provide a free quote and an estimate of our completion time.
Need other due diligence services like a Phase 1 ESA ? If so, we can help with that, too. We are a true full-service environmental consulting firm. Contact us today to discover the RSB Environmental difference.
Frequently Asked Questions
What is a property condition assessment?
A professional inspector or engineer will often conduct a property condition assessment, which is an analysis of the property’s physical state. The assessment’s goal is to find any current or potential problems with the property that can lower its value or put residents’ safety at risk.
Who typically orders a property condition assessment?
A number of parties, including buyers, sellers, lenders, and real estate brokers, may request a report on the condition of a property. Property condition evaluations may occasionally be required by governmental organizations or insurance firms.
What is included in a property condition assessment report?
A summary of the inspector’s findings, including any flaws or shortcomings discovered in the building’s structure, mechanical systems, plumbing, electrical systems, and other areas, is often included in a property condition assessment report. The report could also provide suggestions for corrective action or more research.
How long does a property condition assessment take?
The size and complexity of the property being examined might affect how long the property condition evaluation takes. A normal assessment may take several hours to complete in general.
How often should a property condition assessment be performed?
A property condition evaluation should be conducted on an as-needed basis; there is no defined schedule for this. To identify any substantial changes in the property’s condition, it is advised that a property condition assessment be done before any big real estate transaction or every 3-5 years for commercial properties.
