How a broker can prepare a deal package that a buyer's analyst trusts
A commercial real estate broker can handle an offering package that a buyer's analyst does not have to rebuild by looking closely at the figures in the memorandum against the underlying documents. Underwriting runs the package the way a buyer's analyst would and shows where the numbers do not tie out, before you send it.
Answered
A commercial real estate broker can handle an offering package that a buyer's analyst does not have to rebuild by looking closely at the figures in the memorandum against the underlying documents. Underwriting runs the package the way a buyer's analyst would and shows where the numbers do not tie out, before you send it.
## What to check
| Check | Why it matters |
|---|---|
| NOI in the memorandum vs operating statements | The first thing a buyer re-checks |
| Rent roll vs stated occupancy | Mismatches cost credibility |
| Expense items that look light | Buyers re-underwrite them |
| Lease expirations in the first 24 months | Drives the buyer's price |
| Assumptions written next to each number | Lets the buyer verify quickly |
## How Titleman fits
Titleman has two services for this work. Underwriting screens a deal from its documents and lists every assumption. Signals sends new deals in your territory. Send one deal to Underwriting and see the result before you decide anything.
## Frequently asked questions
**Why do buyers rebuild a broker's numbers?** Because assumptions are not shown. List them next to each figure.
**Where can I try it?** See [how Titleman Underwriting works](https://titleman.ai/) and send one deal.