Housing Wire

OCTOBER 10, 2023

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I The same happens with concert or sports tickets as a marketing opportunity.

Real Estate Agent 399

Real Estate Agent Loan Officers Real Estate Agents 399

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Appraisal 79

Cleveland Appraisal Blog

MARCH 30, 2021

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. People who are willing to spend tens of thousands more than the market will really support, seem to be speculating that things will continue as they are.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Some may have a bit of PTSD from the 2008 Housing crash but just know that this is a different market with different factors impacting it.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. Circle prospecting requires a combination of interpersonal skills, local market knowledge, and often, patience. Offering value Providing value is crucial in circle prospecting.

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Real Estate Tools Real Estate Agent Agents 206

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.

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Appraisal Valuation Real Estate Modernization 309

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Search real estate listing sites to find suitable candidates. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com. Pay attention to rental inventory, too.

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Marketing Real Estate Agent Real Estate Valuation 69

Eppraisal

MAY 19, 2023

AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Cleveland Appraisal Blog

MAY 13, 2021

Real estate agents have a view of what the home should be listed for, based upon their research and experience. In the current market, those views may be light-years apart. People who are in the market to purchase a home, may have different motivations for doing so. Let’s talk about some possible reasons why.

Market Value 298

Market Value Contracts Appraisal Buyers 298

AmeriMac

DECEMBER 30, 2023

Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process. Mortgage lenders rely on these appraisals to determine the value of fundamental estate-owned properties, directly impacting loan amounts for refinancing.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

D Fritz Appraisals

MAY 13, 2024

7 Steps to Ensure Your Home Sale Goes Smoothly The real estate market in British Columbia is dynamic and diverse, with bustling urban centers like Vancouver and Victoria alongside picturesque rural communities. This strategic approach ensures that your home is appealing to potential buyers and competitively positioned.

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Real Estate Buyers Sellers Appraisal 116

AmeriMac

MARCH 14, 2022

A lot of people don’t realize just how tech-driven the modern day real estate market truly is. Yes, it’s true that certain things like valuations and appraisals still require a lot of time and energy from a certified professional. Case in point: valuation software. Why Valuation Software Matters.

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Valuation Real Estate Market Value Appraisal 36

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.

Agents 89

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. What exactly is a Zestimate?

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. The topic of outlier sales came to mind recently when I noticed a sale in my market that was listed between two and three million dollars. There is a difference.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

Clear Capital

APRIL 30, 2024

In part one of our home equity lending series , we discussed home equity lending and how lenders can use an AVM to market to home equity customers. In this second part, we’ll discuss how to meet interagency guidelines for property valuation while expediting underwriting by using ClearAVM + Property Condition Inspection (PCI).

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Valuation Inspection Lending Real Estate Agent 28

Clear Capital

FEBRUARY 13, 2023

Home equity lenders know the benefits of using an Automated Valuation Model (AVM) when originating Home Equity Line of Credit (HELOC), Home Equity Investment (HEI), cash-out refinance, and fixed-rate home equity loans. Does the AVM prevent and mitigate bias in its valuations?

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Valuation Lending Inspection Real Estate Agent 69

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Estate settlements. Valuation for insurance claims.

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Appraisal Inspection Property Taxes Easement 105

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. This will help ensure a fair market value.

Appraisal 126

Appraisal HOA Easement Valuation 126

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Padove Appraisal Service

OCTOBER 21, 2017

The real estate agent you are working with tells you the house is 2,200 square feet. A real estate agent’s job is to market homes. Real estate agents are required by TREND to indicate the source of Interior Square Footage reported in their MLS listings. Who’s right?

Real Estate Agent 78

Real Estate Agent Real Estate Property Taxes Agents 78

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. local markets.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 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. Of course, we also try to verify this information by calling the listing agent.

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Agents Appraisal Renovations Development 374

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

JANUARY 15, 2024

They consider various factors such as the property’s size, condition, location, and comparable sales data to determine its market value. The home appraisal process involves a thorough inspection of the property, analysis of market conditions, and the creation of a comprehensive appraisal report.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Robinson Appraisal Group

JULY 18, 2019

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Fast and cheap… doesn’t sound too reliable when you break it into simple terms.

Appraisal 78

Appraisal Inspection Property Inspector Valuation 78

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. However, in several rural markets there is failure to meet this standard as appraisers may not even accept the order for weeks.

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Modernization Real Estate Agent Reconsideration of Value Appraisal Process 73

AmeriMac

JANUARY 19, 2021

Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Essentially, the point is to compile a list of important things your real estate agent agrees you should add. After all, listing your improvements is a proven way to market your home better.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

Appraisal Partners Blog

OCTOBER 20, 2019

Real estate professionals may look at a quick overview of what all of the properties in an area have sold for on a price per square foot basis in order to determine a value range for the market they are in. Lets look at why valuing property based on price per square foot is not a recommended practice.

Real Estate Agent 78

Real Estate Agent Real Estate Market Value Agents 78

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. But with obstacles in the way for many, lenders need to stay updated on market trends and understand how every part of the homebuying journey might be impacted. That’s where you, the lenders, can step in and help.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

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. I’ve been an appraiser for over thirty years and I’ve been a business owner for 24 years so I know the importance of being competitive and adjusting to the market.

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Realtors Appraisal Market Value Real Estate Agent 80

Town & Country Residential Appraisals

JUNE 6, 2022

It works the same with performing real estate appraisals. I’ve gone back through my files and found that since starting my business in 2009, I have performed over 6,200 valuations for all kinds of clients: lenders, lawyers, accountants, home owners, estates, real estate agents, etc.

Real Estate 50

Real Estate Real Estate Agent Valuation Appraisal 50

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

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Appraisal Real Estate Agent Valuation Real Estate 78