Appraisal Today

MARCH 22, 2024

To maintain objectivity and credibility, you should evaluate sales based on criteria that most accurately reflect comparability, rather than focusing on price. Do focus on characteristics of the property Identify properties with comparable square footage (including finished basements), number of bedrooms and bathrooms, lot size, view (e.g.,

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McKissock

DECEMBER 7, 2020

Generating real estate leads online is a daunting task for many real estate agents who may not know where to begin. In this article, we bring you seven actionable ways you can start to generate real estate leads today: 1. Real estate website. Real estate blog.

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Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared. What is a Home Appraisal? Not a cent more.

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Raleigh Realty

DECEMBER 23, 2021

Did you know Raleigh was recently ranked as the 1 best city for quality of life in the United States by Numbeo, and the second-best city for quality of life in the world? - Raleigh is a city where people know your face and that's all they need to know. Raleigh is a city, and it's a small town, at the same time.

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Quicken Loans

JULY 6, 2021

Hiring a real estate agent assistant might make you feel like a big shot – finally, someone to offload the detail work to! But the reality is that hiring a real estate assistant is more about growing your business than your ego. Wondering if you should consider hiring a real estate assistant?

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DataMaster

FEBRUARY 3, 2021

At the Birmingham Appraisal Blog , Tom Horn discussed 5 concerns about bifurcation and the use of non-appraisers in the appraisal process: Do they know how to correctly measure a house? Are they aware of what features they should be looking for? Yes, I support this! Four Components of the RFI. Shared Concerns.

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Appraisal Today

JUNE 9, 2023

Reliability of data You need to consider: What is this data telling me? Should you even be using that data? To read more, click here My comments: The blog post has a link to Quality Ratings. I also have an interview with a friend who built a pickleball court in his backyard. How reliable is that data?

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies.

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Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Maybe a couple new terms should be discussed: “sweat equity incentive” and “sweat equity profit.” The rest of the post is a very good case study To read more, click here My comments: I have appraised many fixer-uppers.

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Quicken Loans

JUNE 3, 2021

Real estate professionals are painfully aware of the fact that technology is disrupting the industry. You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. What Is An iBuyer? iBuyers are real estate companies that buy and sell properties through technology.

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Appraisal Today

SEPTEMBER 30, 2022

A recent case in which a young couple died from carbon monoxide poisoning while they slept highlights the life and death importance of these simple alarms—and brings this issue front and center for the real estate appraiser community as a whole. This disclaimer language should be included in the appraiser’s report.

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Appraisal Today

JUNE 10, 2022

Easy — we do what we have always done, each time. 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. What was your business like before the pandemic?

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Padove Appraisal Service

FEBRUARY 6, 2018

Many are familiar with the use of comparable sales, or “comps” in residential real estate appraisals. In this blog entry, I will explain how this technique is used. A discussion of comparable sales begins with an explanation of why this approach is used in the valuation of real estate.

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Appraisal Today

AUGUST 26, 2022

I understand that Fannie Mae requires the sales comparison approach, but what if there aren’t enough good comps? Can I use the cost approach as the primary method of valuation?”. My comment: I included this article plus the one below, which both address the Cost Approach’s common appraisal questions. Answer: No!

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Cleveland Appraisal Blog

MARCH 18, 2021

Fortunately, I grew up in a family whose view is that all people are equal, and that differences in race, skin color and background, are what make humans so beautiful. That is, until they pointed it out when I was with them. For this reason, I thought that I would write about it. A REAL-LIFE SITUATION.

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Cleveland Appraisal Blog

FEBRUARY 17, 2021

It should be no surprise that assessed home and land values are increasing. So, it should be no surprise that the assessed values of homes are increasing. In a case like this, I like to take pictures of both the exterior and the interior, to help the assessor see the condition of the home, as well as any significant repairs needed.

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Appraisal Today

APRIL 12, 2024

I have done drivebys for estate appraisals when the home had been sold and I had no access. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc.

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The Robert Weiler Company

JULY 18, 2021

With the warmth of the summer season on everybody’s mind, it’s natural for investors, especially those in commercial real estate, to divert their attention to new opportunities. This realization is as true for commercial real estate investors as it is for residential property holders. encourages further degradation.

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Appraisal Today

AUGUST 25, 2023

What’s the Average Real Estate Appraiser Salary? I have seen this type information before, but mostly from contacting companies, recruiters or government databases. Most res appraisers are fee appraisers, but this lets you know the relative income levels based on various factors.

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Birmingham Appraisal

FEBRUARY 13, 2024

Final Insights on Housing Statistics for Real Estate Agents We are in the last part of my Housing Statistics for Beginners series and I want to thank you for following along. These stats make up what we know as supply and demand. Pending listings give us a look at what future closed sales will be.

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Appraisal Today

OCTOBER 14, 2022

I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Consistent application of both quality control and quality assurance processes for appraisal review may also be in part a reason for improvement, as appraisers have a better understanding of what is needed by their client.

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Appraisal Today

MAY 26, 2023

Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” I decided not to do them many years ago. Photos and lots of examples.

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Easement Contracts Appraisal Inspection 52

McKissock

DECEMBER 28, 2020

As social media has become ubiquitous in our culture, it is becoming more and more essential to leverage it for your real estate business. Most real estate professionals find that their Facebook efforts are best maximized when they create a business page. Of course, that can seem daunting.

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Will Springer Realtor

DECEMBER 14, 2021

Forecasting the direction of the economy and residential real estate is never easy, particularly in a pandemic and following a mini-recession. Our annual forecast from late 2020 offered a bit more optimism than reality but it hasn’t stopped us from producing another look at what the year ahead may offer. days (November 2021). =.

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Will Springer Realtor

MARCH 11, 2024

What was once a mere detail has now become a significant financial burden in some cases, casting shadows over the dreams of aspiring homeowners and adding strain to the budgets of current owners. Homeowners must engage in thoughtful discussions with their insurance agents to assess whether additional protection is warranted.

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