Remove Finance Remove Market Value Remove Real Estate Agent Remove Sellers
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A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Interest rates impact the housing market significantly — demand can rise or fall any time they go up or down. Keeping up with rapidly increasing values is challenging for most appraisers.

Appraisal 370
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Real estate appraisals: What agents should know

Housing Wire

Appraisals are required for homes financed with any type of mortgage. This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. At this point, an estimated market value is generated. Why are appraisals important?

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Once Upon a Time… A Housing Fairy Tale

Appraisal Buzz

The “official unofficial” government-related loan definition of market value is clear. It says buyer and seller are: Prudent and knowledgeable. Also part of the definition: Reasonable market exposure time. Unaffected by special or creative financing or sales concessions granted by anyone associated with the sale” .

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The Bay Area is the country’s 4th-hottest housing market

Housing Wire

Altos considers anything above a Market Action Index of 30 to be a seller’s market. While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. Although agents say buyer demand remains strong, some are becoming frustrated. “It

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Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.