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How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. Property appraisal information Detailed outline or description of each property.

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10 Appraisal Competencies Every Property Appraiser Should Master

McKissock

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. ” Obtain clients / solicit business. Manage client expectations.

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Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

Many now use the term “observation”, because some in the public, including some attorneys who are looking for ways to discredit an appraiser on an opposing side, like to hammer appraisers who use the term “inspection”. Choosing to inspect a property or not is a scope of work issue. Floor Plan with Interior Room Dimensions.

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8 Characteristics of a Successful Real Estate Appraiser

McKissock

If you are driven to get your work done accurately and efficiently, seek out new clients, and continually grow and maintain your business, you’ll likely succeed. Free Download: Ready to launch your appraisal career? Find out if the appraisal profession is right for you in our free career guide. Tech-Savvy.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

And although it shouldn’t, it may unintentionally influence the appraiser’s comparable selection and eventually impact a direction in value. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern?