How many hours does a commercial real estate deal take by hand?
Most of the hours in a deal are not judgment. They are assembly: pulling and checking comps, retyping a rent roll, reading leases and title, building the model, writing the memo, laying out the deck. This calculator counts those hours task by task for an acquisition, a refinance, a listing or a lease-up, then shows the same work with Titleman: the run time, plus the time your own professional spends reviewing and signing the output.
Where the numbers come from
- Published by Titleman: hours each deliverable replaces (BOV about 12 analyst hours, financial model about 8, IC memo about 14, offering memorandum about 30 designer hours), a value opinion in about 30 minutes, and the Light Model rates: analyst $38/h, designer $32/h, broker $55/h, legal analyst $44/h.
- Industry estimates, editable: 30 minutes to pull and verify a comp, 1.5 minutes per multifamily rent-roll unit and 15 to 20 minutes per commercial tenant, 45 minutes to read and abstract a document, your fully loaded in-house hourly cost, and an 8-hour working day.
- Our assumptions, editable: Titleman run time for jobs other than the value opinion (30 minutes per deliverable, 10 minutes per data task) and a review share of 10% of the manual hours.
Stop counting hours. Request a demo.
Forward the broker's email with the rent roll, T-12 and OM to [email protected], or start from the address. A value opinion typically comes back in about 30 minutes with the comp set, the cap rate and the confidence stated, and the model and memo come from the same numbers. $0 per seat; each job is priced as the hours it takes off the desk, stated before you run it.
See how a value opinion is built Request a demoQuestions and answers
How many hours does it take an analyst to underwrite a multifamily acquisition?
It depends on the rent roll, the comps and the documents. With this calculator's default assumptions, a 220-unit multifamily acquisition with 12 comps, 30 documents, an underwriting model and an IC memo takes about 56 hours by hand, roughly 7 working days. Change the inputs to match your deal.
How long does a broker opinion of value (BOV) take?
Titleman lists a BOV as about 12 analyst hours by hand. On Titleman a value opinion typically comes back in about 30 minutes with the comp set, cap rate and confidence stated, and a professional on your team reviews and signs it.
How is Titleman priced?
$0 per seat. Work is billed per finished job, priced as the professional hours it takes off the desk at published Light Model rates: analyst $38/h, designer $32/h, broker $55/h, legal analyst $44/h. Each job states the role and the hours before you run it.
Which numbers in this calculator are estimates?
Manual pace per comp, per rent-roll line and per document, your in-house hourly cost, Titleman run time for jobs other than the value opinion, and the review share are industry estimates or our assumptions, and all of them are editable. Hours per deliverable, the rates and the 30-minute value opinion are Titleman's published figures.
Does AI replace the analyst?
No. Titleman does the assembly: comps, rent roll, documents, model, memo, deck. A named professional on your team reviews and signs every output, and this calculator counts that review time on the Titleman side.
What Titleman does with these tasks
- Value opinions and underwriting: rent roll and T-12 in, NOI, debt yield and DSCR out
- Analytics: rent and sale comps, trade area, ownership, supply
- CRE decks: OMs, BOV packages and IC memos on your template
- Legal and diligence: leases, title and zoning read, every finding pinned to its page
- Sourcing: every asset in a drawn market, owners resolved through the LLC
- Data map: Orlando apartment buildings, who owns them
Titleman is an AI platform for US commercial real estate firms. It is not a broker, appraiser or law firm; outputs are drafts for a licensed professional to review and sign. This calculator is an estimate, not a quote.