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COEFFICIENTI MERCANTILI

English translation: market coefficients

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:COEFFICIENTI MERCANTILI
English translation:market coefficients
Entered by: GillW (MCIL)

10:38 Aug 21, 2022
Italian to English translations [PRO]
Bus/Financial - Real Estate / valuation report
Italian term or phrase: COEFFICIENTI MERCANTILI
This appears in a list of coefficients/ratios to determine the value of a property. It is obviously related to the business potential/prospects of parts of the property but I do not know how to say it.
GillW (MCIL)
Local time: 00:07
Market-based Appraisal Adjustements
Explanation:
hi Gill, you guess it right: in Italy we have a list of coefficients to adjust the selling price according to the specific conditions of the real estate under consideration. See here an example https://www.borsino-immobiliare.com/pagina/coefficiente-diff... .
It comes from the fact that our Internal Revenue Services constantly monitor the sales of real estate and quarterly release the average price per-square-meter in any given place in Italy, (average market value, i.e. valore mercantile!). below you van find the link to Agenzia delle Entrate - Banca dati delle quotazioni immobiliari !
In a specific sales you then have to adjust, to a certain extent, this avg price to reflect the real value of your piece of property. So for example, if 100 is the avg house price, an apartment of the ground floor will be 80 while a penthouse will be 120. And so on.
Clearly anyone is free to choose the price they want when selling their house, bu a too large deviation from the values obtained applying the coefficenti mercantili (it's market coefficients, BTW) will proably result in a no sale.
I am not aware of a similar system in either England or US, while I know for a fact Home Appraisals are a common thing (there are even professionals for that). Hence my suggestion for translation here above.
Selected response from:

Nick Pell
Italy
Local time: 01:07
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4commercial coefficients
philgoddard
3 +1Market-based Appraisal Adjustements
Nick Pell


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
commercial coefficients


Explanation:
http://www.wordreference.com/iten/mercantile

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Note added at 2 hrs (2022-08-21 13:15:21 GMT)
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Or ratios, as you say.

philgoddard
United States
Native speaker of: English
PRO pts in category: 41
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Market-based Appraisal Adjustements


Explanation:
hi Gill, you guess it right: in Italy we have a list of coefficients to adjust the selling price according to the specific conditions of the real estate under consideration. See here an example https://www.borsino-immobiliare.com/pagina/coefficiente-diff... .
It comes from the fact that our Internal Revenue Services constantly monitor the sales of real estate and quarterly release the average price per-square-meter in any given place in Italy, (average market value, i.e. valore mercantile!). below you van find the link to Agenzia delle Entrate - Banca dati delle quotazioni immobiliari !
In a specific sales you then have to adjust, to a certain extent, this avg price to reflect the real value of your piece of property. So for example, if 100 is the avg house price, an apartment of the ground floor will be 80 while a penthouse will be 120. And so on.
Clearly anyone is free to choose the price they want when selling their house, bu a too large deviation from the values obtained applying the coefficenti mercantili (it's market coefficients, BTW) will proably result in a no sale.
I am not aware of a similar system in either England or US, while I know for a fact Home Appraisals are a common thing (there are even professionals for that). Hence my suggestion for translation here above.


    https://www1.agenziaentrate.gov.it/servizi/Consultazione/ricerca.php
    https://www.borsino-immobiliare.com/pagina/coefficiente-differenziazione
Nick Pell
Italy
Local time: 01:07
Native speaker of: Native in ItalianItalian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  FPC
2 days 18 hrs
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