Housing Wire

SEPTEMBER 19, 2023

Appraisals make for realistic pricing You may want to encourage clients who are selling their homes to get an appraisal before they list their home. The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. At this point, an estimated market value is generated.

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Real Estate Appraisal Agents Inspection 436

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. Q: “What are methods to determine the value of my home?”. Q: “What factors can influence the value of my home?”.

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Clients Advertising Real Estate Market Value 84

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Here are the steps you should take to develop your CMA report Step 1.

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Marketing Real Estate Agent Clients Tools 375

Cleveland Appraisal Blog

FEBRUARY 16, 2024

FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.

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Appraisal Market Value Real Estate Clients 406

Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. My clients said that one of their neighbors has people coming and going until late in the evening, most evenings. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

OCTOBER 12, 2022

While Zillow does offer some great data, occasionally, some of my clients point out home sales that they found on Zillow, that appear to be comparable to their property. In most cases, my clients looked at sales on Zillow and were of the opinion that my opinion of their property’s market value was too high.

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Market Value Appraisal Clients Marketing 334

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Market Value Appraisal Buyers Marketing 418

McKissock

MARCH 1, 2021

She approaches real estate the same way she approached her healthcare work: ensuring that, from start to finish, whether buying or selling, her clients have a smooth transaction and achieve their goal. Q: How do your Millennial real estate clients find their way to you? A: My Millennial clients often come to me as a referral.

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Real Estate Clients Real Estate Agent Renovations 90

McKissock

AUGUST 19, 2020

The goal is generally to garner clients that will give you repeat business—and good word of mouth. As such, the thought of ending a client relationship may seem unfathomable. However, success—for both you and your clients—depends on a solid working relationship. Reasons to end a client relationship.

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Real Estate Clients Client Relationships Real Estate Agent 52

Appraisal Buzz

MARCH 25, 2024

It is the work of a therapist and their client to carefully untie those knots. The hypothetical interaction of the typical buyer (who embodies the collective thought and action of the whole market of buyers) with the typical seller (who similarly embodies the collective thought and action of the whole market of sellers).

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Sellers Appraisal Real Estate Buyers 379

Appraiserblogs

NOVEMBER 20, 2023

To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent actual reality and truth – which can positively or adversely impact property market value, replaced with only generic, non-offensive words, I present this cartoon. Related Posts: 'Pesky' Words.

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Market Value Lending Appraisal Clients 124

Housing Wire

AUGUST 5, 2022

A significant jump in the fair market value of MSRs on Rocket’s balance sheet, however, also helps to bolster the lender’s asset position, which creates more collateral for borrowings or potential income from future MSR sales — all of which can help to pump up Rocket’s liquidity. billion to $6.7 billion, SEC filings show. .

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Market Value Clients Investing Mortgage 369

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded.

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Mortgage Clients Insurance Tools 391

Housing Wire

FEBRUARY 14, 2024

The banks had courted high-net-worth clients working in speculative tech and crypto startups in Silicon Valley, while also tying up a large portion of the banks’ assets in Treasury securities. 1, the company had lost 45% of its market value. Regional banks are once again in the grip of a concentration problem.

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Mortgage Real Estate Insurance Tenants 369

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. But what offer will the seller accept $400,000.

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Market Value Buyers Appraisal Sellers 448

Housing Wire

APRIL 5, 2024

Agents say a common Bay Area practice of pricing homes below market value has also contributed to the rampant multiple offer situation in some parts of the city. You can have clients that can afford to go to whatever stratospheric height they have to go to, but they need to know and understand what the parameters are,” Gordon said.

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Housing Market Marketing Inventory Agents 375

Appraisal Today

APRIL 1, 2023

I tend to put a similar amount of effort into the communication side for all clients, and like to think that my work product is solid. Get the relevant date of value from the client or the client’s attorney. Do not say the intended users are all the beneficiaries of an estate or trust. ” 5. . =

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Clients Appraisal Contracts Business 52

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers.

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Appraisal Market Value Legal Property Appraisal 354

Housing Wire

JULY 16, 2021

billion market capitalization, less than half of its previous market value. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. But eXp’s stock has dipped from a high of $80 per share in February to $33 as of Friday. The company now has a $4.2

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Mortgage Lending Brokerage Agents 378

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

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Market Value Real Estate Agent Agents Business 393

Cleveland Appraisal Blog

MAY 13, 2021

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . What is solid support for market value?

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Market Value Contracts Appraisal Buyers 298

Appraisal Hub

MAY 5, 2024

We are tasked with determining the fair market value of a property based on various factors such as location, condition, and comparable sales. Real estate agents can benefit from collaborating with appraisers who possess in-depth knowledge of local market conditions.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

JUNE 7, 2023

Their expertise goes beyond helping buyers and sellers determine accurate market value. Determining Asset Values for Financial Reporting Enhancing Financial Accuracy with Appraisals Accurate financial reporting is essential for businesses and individuals alike.

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Real Estate Appraisal Valuation Legal 65

Walitt Solutions

MAY 24, 2024

One of those common scenarios goes like this: I completed an appraisal and transmitted the appraisal report to the client for a purchase appraisal. My market value conclusion came in below the purchase contract price. The client wants me to change my report to show the new amended contract price!

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Contracts Appraisal Clients Market Value 74

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. Is there anything about the improvements that would positively or negatively impact its market value? It should provide information on the trends for prices in that area. IMPROVEMENTS.

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Appraisal Development Market Value Clients 342

McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? Blog post: Advice for Working with Difficult Clients.

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Appraisal Contracts Market Value Clients 103

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. To “think outside of the box” when valuing a property.

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Inventory Market Value Appraisal Contracts 243

Housing Wire

AUGUST 3, 2023

Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” If the reader and agent then engage in conversation, it’s doubtful the agent will appear proficient on the topic, creating doubt in the prospective client.

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Real Estate Agent Real Estate Agents Tools 370

Housing Wire

DECEMBER 19, 2022

The Michigan lender boasts partnerships that include Salesforce – which allows Rocket to offer its mortgage technology to banks and credit unions that collectively originate $1 trillion in mortgages a year through Salesforce Financial Services Cloud – and Santander Bank , that allows Rocket Mortgage to originate mortgages for Santander clients.

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Mortgage Real Estate Agent Clients Business 376

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. All three are market-based approaches.

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Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

NOVEMBER 7, 2023

Local assessors determine how much each individual property owner should pay based on the assessed value of the home. The assessed value is often significantly lower than the appraised market value. New Jersey mortgage banker Luke Chamberlin says he always brings up property taxes early on in meetings with clients.

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Property Taxes Home Value Government Buyers 540

Birmingham Appraisal

DECEMBER 5, 2023

Despite your best efforts, sometimes a property lingers on the market, leaving both you and your client frustrated. Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers.

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Appraisal Real Estate Agent Real Estate Market Value 62

Boston Appraisal

JULY 6, 2023

By providing an objective assessment of the property’s market value, an appraisal can aid in dispute resolution, assist in legal arguments, and guide negotiations. The final appraisal report gives an estimated market value of the property, providing a financial baseline for negotiations, settlements, and legal arguments.

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Appraisal Legal Market Value Appraisal Process 78

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! We believe it’s important for appraisers to communicate with their clients to avoid surprises and ensure the appraisal process is as smooth as possible. Clarify What Value or Values are Needed. Lenders, what’s in it for you?

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Appraisal Process Real Estate Appraisal Renovations 78

Boston Appraisal

MAY 15, 2024

These frameworks not only shape how properties can be used but also have a profound impact on their market value. For investors, a nuanced grasp of these legal aspects is essential to navigate the complexities of the real estate market and to capitalize on investment opportunities.

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Law Real Estate Investors Legal 78

Simonson Real Estate

JULY 10, 2020

Value Scenarios. What is Market Value As Is and When is it Used? The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Prospective Values. Prospective Market Value As Completed and As Stabilized. Bottom Line.

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Appraisal Process Appraisal Market Value Tenants 148

Birmingham Appraisal

JUNE 13, 2023

I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. This can create challenges for both agents and appraisers, especially when it comes to determining the market value of the property. These factors can create a bidding war that inflates the price beyond what the market can support.

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Real Estate Agent Real Estate Agents Reconsideration of Value 81