TERTIARY SOURCES OF INFORMATION

Tertiary sources of information are the least reliable but can obtain a great deal of useful in firstly making the sale known and also may contain good background information to a sale.

TRADE NEWSPAPERS AND MAGAZINES

Real estate newspapers and magazines commonly include articles or a summary of important recent market transactions. The advertisements and asking prices of properties for sale are also important background and support data for actual sales.

ADVANTAGES

The information is up to date and often includes some good background information on large or important properties. Easy to find and collate.

DISADVANTAGES

May be incorrectly reported and therefore, should be checked with a more reliable source before becoming part of the valuation report. Generally, such publications only cover large large/or interesting properties.