Remove Home Value Remove Market Value Remove Real Estate Agent Remove Renovations
article thumbnail

Revive launches AI-powered listing tool for real estate agents

Housing Wire

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. It also uses Revive’s recommendation engine to offer renovation estimates supported by local contractors.

article thumbnail

Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Price Your Home for the Current Market

Eppraisal

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Your biases toward certain home qualities may skew your calculations, so be aware of such tendencies.  Better

article thumbnail

Fluffing, decreases home values

Town & Country Residential Appraisals

Why are real estate agents among the top 10 most hated professions? We’ve seen 1 bedroom homes “fluffed” into 4 bedrooms, and 0 bath homes “fluffed” into 1 bath homes - BY BROKERS?! But to the original claim that fluffing decreases home values, lets explore how. Where is the standard?

article thumbnail

The Value of an AVM as a Cog in the Wheel

Eppraisal

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 They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

article thumbnail

7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

article thumbnail

Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.