Process · Brokers, owners and asset managers
Valuing a property, or a list of themFrom about 12 hours by hand to about 45 minutes for a value opinion. Median error against the sale price: 13% on 30 sales.
Time measured on 66 production runs, 30 days to 18 October 2026. Accuracy measured on 30 recorded sales, February 2025 to August 2026.
By hand
about 12 hours
EstimateOne broker opinion of value, comps and write-up.
With Titleman
about 45 minutes
MeasuredMedian of 66 runs. the middle half of runs took 34 to 62 minutes.
Step by step
What changes at each step
- 01
Pull the comparables
By hand Sales and listings are collected and filtered by hand.
With Titleman The comparable set comes back with the cap rate and the confidence stated.
- 02
Read the property
By hand Zoning, liens, permits and ownership are checked one record at a time.
With Titleman The property record is read and the risks that bear on value are named with their record.
- 03
Reach a value
By hand The conclusion is reasoned in a document and reviewed.
With Titleman A value opinion comes back as a range with its reasoning, for a licensed professional to review and sign.
- 04
Do it for the whole list
By hand Ten addresses take ten times the work.
With Titleman A list of addresses is one run: about 28 minutes, median of 138 runs; the middle half of runs took 21 to 38 minutes.
What closes it: Value opinion and BOV at scale.
Three numbers
The process, the lever and the result that matters
The process
12 h → 45 min
MeasuredHours by hand are an estimate. Engine time is the median of 66 production runs.
The lever
a list in one run
MeasuredA list of addresses took a median of 28 minutes (138 runs), so a pitch can go to every owner on it.
The top metric
13% median error
MeasuredAgainst the recorded sale price on 30 sales. The price fell inside our stated range in 14 of 30.
Same object, two ways
The same building, two ways
A real run on one building, shown as a sample: name and address withheld. The risk is named together with the record it comes from.
By hand
- Collect and filter the sales by hand
- Check zoning, liens and utilities record by record
- Write the opinion and the comp pages
- Repeat for every address on the list
With Titleman
A risk to price in: the water system
| Units | 24 |
| Building | 15,000 SF |
| Built | 1960s |
| Land | About an acre |
| Water system | Under enforcement |
Own water system under state enforcement; outside city limits
Water system · under enforcement · Utility and enforcement records for the parcel · A risk is named with its record
A sample from a Titleman run: name and address withheld, figures re-scaled. Not a client deal.
Run time: about 45 minutes · median of 66 production runs, 30 days to 18 October 2026.
A Titleman run from the record. Not a client deal.
Accuracy
Where the value opinion is strong, and where it is not
Blind backtest on 30 recorded sales (February 2025 to August 2026), measured on 28 October 2026. Thirty sales is a small sample: read the property types as indications.
Closest
| Multifamily | 4.4% median error | 3 sales |
| Industrial | 2.3% | 2 sales |
| Residential | 9.9% | 3 sales |
| Office | 10.4% | 4 sales |
Weakest
| Land | 56% median error | 2 sales |
| Medical office | 40% | 3 sales |
| Restaurant | 27% | 3 sales |
These are sales that carry a going business or an assemblage of parcels. We show them because a number without its weak spots is not a number to trust.
Your team
Your hours on this process
Type your own numbers. The result is your team’s time at your own rate, by hand and with the check of the output. It is not a quote.
- By hand, a month
- 72 hours · $5,400
- With the check of the output, a month
- 7.2 hours · $540
- Hours your team gets back
- 65 hours
12 hours by hand per valuation is an estimate (note 1 below). The check share is an assumption. The cost per hour is yours; 75 is only an example. For a whole deal, the deal-hours calculator counts task by task.
How we know
Method and footnotes
- EstimateAbout 12 hours by hand. By hand: the figure Titleman publishes in its deal-hours tool, an estimate for a typical deal, not a measurement of your team. One broker opinion of value.
- Measuredabout 45 minutes for a value opinion. Median time from the request to the delivered files over 66 completed production runs created in the 30 days to 18 October 2026; the middle half of runs took 34 to 62 minutes.
- Measuredabout 28 minutes for a list of addresses. Median over 138 completed production runs of BOV at scale in the same window; the middle half of runs took 21 to 38 minutes. List sizes differ from run to run. The latest 30 days: about 19 minutes, median of 39 runs.
- Measured13% median error on 30 sales. For each property the engine produced a standard Value Opinion as of the day before its recorded sale. The sale price and date were not given in the request. The point value is the figure the Value Opinion states; where it states only a range, we took its midpoint (one sale). Error is the stated value minus the recorded price, divided by the price. All 30 valued sales are counted. Properties where the engine gave no value (wrong parcel in the register, a stopped run) were set aside and are not scored; none was dropped for a poor result.
- AssumptionYour check of the output. Your team’s check of the output: 10% of the hand hours. An assumption, editable in the calculator.
Updated 30 October 2026. Every process, with its medians and the number of runs: Results and benchmarks.
Valuing a property, or a list of them
This process, on every deal your team receives
Book a demo for your team. We map how this process runs today, set the engine to your assumptions, and agree what we measure first.
Up to 2 weeks of work by email on your own deals, no login. Access for your team opens with a pilot on agreed numbers, 14 days at most.
Titleman is not a broker, appraiser or law firm. Every output is a draft for a licensed professional to review and sign.