Remove Book Remove Contracts Remove Market Value Remove Real Estate Agent
article thumbnail

What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo. The best book I have ever read on this topic.

article thumbnail

Just Blame the Appraiser

Hank Miller Team

Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission. The art of persuasion, it’s a beautiful thing. More on Karen later.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Ways to Help Manage Client Expectations

McKissock

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). They should be educated on loan costs, contract fees, inspection expenses, etc.

Clients 87
article thumbnail

Tools To Support Appraisal Adjustments

Appraisal Today

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

Tools 64
article thumbnail

NAR Appraiser Survey July, 2023

Appraisal Today

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

article thumbnail

Appliances for FHA appraisals

Appraisal Today

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” I looked like a real estate agent.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

This year, for the first time, you can purchase just the book of USPAP standards for $35. Marketing, Forms, Scope of Work, What they Want, Getting names of companies, and many more topics. Valuation By Comparison by Mark Ratterman, MAI Book Review. I was taught that “one sale does not make a value.” Well worth it.