Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Market Value Marketing Real Estate Agent Real Estate 74

McKissock

DECEMBER 20, 2021

However, do-it-yourself home-buying and selling can be overwhelming because buyers and sellers are inundated with information without knowing what to do with it. Free Guide : Learn how to increase your earning potential with our free Real Estate Income Guide. How Can Real Estate Agents Help Online Buyers and Sellers?

Real Estate Agent 64

Real Estate Agent Real Estate Agents Sellers 64

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. According to a recent survey, 73% of real estate firms reported an increase in seller impersonation attempts this year. We can reverse this trend.

Sellers 367

Sellers Real Estate Agent Real Estate Insurance 367

Appraisal Buzz

SEPTEMBER 26, 2022

They were able to get others to declare the value as fair, but some valued fair as high as possible. They found liar buyers. Everything worked well so long as “value” equaled price! We have rules, we have standards, and we all know the exact definition of value. Well-informed or well-advised.

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Market Value Sellers Buyers Finance 321

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 350

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Ever heard of straw buyers?

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Appraisal Inspection Real Estate Agent Agents 300

Eppraisal

FEBRUARY 14, 2024

Whether you're a first-time buyer or a seasoned homeowner, understanding these costs is essential for a smooth transaction. Let's delve into the intricacies of closing costs, what they entail, and how they impact both buyers and sellers. Closing costs are fees and expenses associated with finalizing a real estate transaction.

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Sellers Buyers Property Taxes Real Estate Agent 36

D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. this Selling a House Checklist), you can confidently navigate the process.

Real Estate 116

Real Estate Buyers Sellers Appraisal 116

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). This is important information for appraisers, though it may not appear so at first. Why inventory levels matter to appraisers. Of course not.

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Appraisal Marketing Real Estate Inventory 370

Birmingham Appraisal

MAY 1, 2024

By comparing the value of the home after the renovations the owner can then make an informed decision by comparing the cost to benefit impact of the renovations. These types of improvements can help buyers choose your home over another similar one that may not have the same pop that yours does.

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Renovations Appraisal Real Estate Agent Construction 82

Realtor

SEPTEMBER 19, 2023

Then, they will come by your house to determine its condition and quality, as well as any other factors that would affect the cost of the home, and use that information — along with the comps — to make an accurate assessment. “My favorite customers are the ones who have all the information ready for me,” he says.

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Appraisal Sellers Real Estate Agent Appraisal Process 194

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For buyers, it could mean a potential bargain. There is a difference.

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Real Estate Agent Real Estate Clients Agents 89

Birmingham Appraisal

DECEMBER 5, 2023

Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers. To break through this barrier, real estate agents need a fresh perspective and a solid understanding of the property’s true market value.

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Appraisal Real Estate Agent Real Estate Market Value 62

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 89

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Their information also depends on what is available to them.

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Real Estate Agent Real Estate Sellers Realtors 73

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. In addition, selling as-is is the norm in some real estate markets.

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Renovations Buyers Appraisal Investing 221

Appraisal Hub

MAY 17, 2023

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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Inspection Property Taxes Real Estate Agent Buyers 78

Cleveland Appraisal Blog

MARCH 30, 2021

TODAY’S HOME BUYERS ARE LIKE THE CARP. This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. This year, it appears that buyer panic is even worse than last year. That is a lot of bread!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 76

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. If someone wants to use this method for pricing a home, there is one piece of information that is incredibly important to get right. Information in public records is usually free.

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Appraisal Market Value Contracts Agents 418

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. iBuyers are real estate companies that buy and sell properties through technology.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Birmingham Appraisal

AUGUST 8, 2023

In this blog post, I’ll walk you through the top 10 benefits of getting a pre-listing appraisal, shedding light on how it can help you make informed decisions and maximize the value of your property. Set the price too high, and you risk scaring away potential buyers. A pre-listing appraisal can mitigate these worries.

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Appraisal Buyers Real Estate Investing 78

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

(MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. Real estate agents are typically the individuals who provide information in the MLS. It is incredibly important that the information they input into the MLS is accurate.

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Agents Appraisal Renovations Development 374

AmeriMac

DECEMBER 30, 2023

Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals. Accurate appraisals are vital for facilitating smooth real estate transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. In addition to comps, they pay attention to current market trends and personally look at the property’s interior and exterior and note defects.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Whenever an appraisal waiver is used a traditional appraisal is not utilized to determine the market value of the assets the bank will be lending on.

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Realtors Appraisal Market Value Real Estate Agent 80

Cleveland Appraisal Blog

JANUARY 5, 2023

I’ve noticed recently that when I call real estate agents to confirm information about properties I am using in my appraisal, almost every agent answers their phone and if they don’t, even if I don’t leave a message, they call me back. I hope that you found this information to be useful.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer Our though process being, the more information a consumer has, the better their ability to make a sound decision.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. If someone wants to use this method for pricing a home, there is one piece of information that is incredibly important to get right. Information in public records is usually free.

Appraisal 263

Appraisal Market Value Contracts Agents 263

Realvals

JULY 27, 2022

Appraisals are commonly used in real estate transactions as a way for a lender to make sure the property is worth what the buyer is paying. The buyer’s lender will order the appraisal on their behalf. . Once they have all the information they need, the appraiser will write the appraisal report at their office.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

Birmingham Appraisal

SEPTEMBER 15, 2022

I would like to do my part by informing and educating you on the appraisal part of the transaction. Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

McKissock

JULY 6, 2022

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). Agents should prepare a full seller-net sheet for their sellers.

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Clients Real Estate Contracts Sellers 87

Raleigh Realty

AUGUST 27, 2021

Here's everything you need to know about buying a home Whether you are a first-time home buyer or a seasoned veteran of the housing market, buying a house is no small undertaking. There is nothing worse for a buyer than starting to look at homes online, falling in love with a few, then realizing that they are not in your budget.

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Real Estate Agent HOA Real Estate Agents 78

McKissock

MARCH 1, 2021

In 2002, when Dara Alperen Cipollone purchased her first home in East Boston, her real estate agent suggested she would be a great fit for residential sales. Q: How are you connecting with your Millennial real estate clients? Some want me to summarize the market data and give concise guidance on market values.

Real Estate 90

Real Estate Clients Real Estate Agent Renovations 90

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. The data collection is done by a third-party data collector, who could be a real estate agent or someone else. What Is A Hybrid Appraisal?

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Appraisal Property Inspector Training Real Estate Agent 59

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. While this is an additional expense, it can be worth it to be aware of any potential issues ahead of time that might keep the buyer’s USDA loan from going through.

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Inspection Appraisal Market Value Finance 111