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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. That’s one reason I started blogging years ago.

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What Is a Reconciled Value?

Cleveland Appraisal Blog

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Even if I do not include my development of the Cost Approach in my report, I have it in my work file.

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Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

I’m playing catch-up on blogs with the help of my guest bloggers. I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Hello friends!

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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?

Appraisal 354
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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Because when developing the market value of a home, appraisers look for other homes that are comparable in terms of condition. You can also listen right here at Cleveland Appraisal Blog! . That one super skinny house (eight feet wide) – Sacramento Appraisal Blog. – Birmingham Appraisal Blog. Probably not.

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Compass acquisition could worry some California agents

Housing Wire

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

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Advisory Opinion 16, a Game Changer?

Appraiserblogs

Advisory Opinion 16 is Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development and Reporting. appeared on Appraisers Blogs. The Appraisal Foundation has issued an exposure draft for Advisory Opinion (AO) 16. Unlike other exposure drafts, the text of the AO opinion has been rewritten.

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