Radio station appraisal for estate purposes needed

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Deep Thought
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Radio station appraisal for estate purposes needed

Post by Deep Thought » Mon Oct 10, 2016 12:39 pm

A client of mine passed away this spring and the family needs an appraisal of their three AMs and one FM for estate purposes. Of course none of the brokers want to do this since there is no sales commission in it. Basically I need a paid appraisal like you'd get for any other real property, but this is 'stick value' for the stations.

Anyone have any leads on someone who can do it? They really don't even need to visit the sites...I can give them the info.

Thanks.
Mark Mueller • Mueller Broadcast Design • La Grange, IL • http://www.muellerbroadcastdesign.com

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Shane
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Re: Radio station appraisal for estate purposes needed

Post by Shane » Tue Oct 11, 2016 11:32 pm

Sent you a PM.
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TPT
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Re: Radio station appraisal for estate purposes needed

Post by TPT » Wed Oct 12, 2016 6:55 am

See if Patrick Communi9cations would do your appraisal (if the other contact doesn't work out). There would be a fee, of course, but since they are experienced in the business both as owners and brokers, would help if there is any reason to think the appraisal might be challenged.

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Deep Thought
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Re: Radio station appraisal for estate purposes needed

Post by Deep Thought » Wed Oct 12, 2016 3:00 pm

I didn't get a PM.

Thanks, I'll check out Patrick Communications too.
Mark Mueller • Mueller Broadcast Design • La Grange, IL • http://www.muellerbroadcastdesign.com

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KPJL FM
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Re: Radio station appraisal for estate purposes needed

Post by KPJL FM » Thu Oct 13, 2016 7:44 am

I've not needed such, but I'd think a firm that does lending for acquiring stations would have their preferred appraisers. Check with one of them, maybe.
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Shane
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Re: Radio station appraisal for estate purposes needed

Post by Shane » Sat Oct 15, 2016 1:40 pm

Mark,

I tried again. Not sure what I did wrong the first time but I did it!
Mike Shane, CBRE
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Deep Thought
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Re: Radio station appraisal for estate purposes needed

Post by Deep Thought » Sat Oct 15, 2016 4:05 pm

Got it this time, thanks!
Mark Mueller • Mueller Broadcast Design • La Grange, IL • http://www.muellerbroadcastdesign.com

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