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?

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Real Estate Agent Real Estate Sellers Realtors 73

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 76

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Appraisal Appraisal Process Valuation Real Estate 36

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

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Agents Appraisal Real Estate Agent Bracketing 89

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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Contracts Appraisal Market Value Real Estate 64

Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Market Value Valuation 36

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

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Appraisal Valuation Technology Training 483

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). Question 1: Why do I need to understand business valuation?

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Valuation Business Buyers Market Value 147

Appraisal Partners Blog

NOVEMBER 27, 2019

While many opt for a realtor, a realtor will, of course, receive monetary gain if you are purchasing via a seller paid commission. The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. It’s an excellent idea to get an appraiser to give you a valuation report.

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Appraisal Sellers Realtors Investing 78

Housing Wire

AUGUST 31, 2023

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. In its selling guide announcement , Fannie Mae wrote, “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

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Modernization Appraisal Inspection Valuation 374

AmeriMac

JANUARY 19, 2021

Typically, sellers don’t have access to this. After all, listing your improvements is a proven way to market your home better. The appraisal itself is essentially your appraiser’s valuation opinion. Be sure to include a thorough examination of how you got to a new market value and additional documentation.

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Appraisal Real Estate Agent Market Value Real Estate 36

Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. There is no law forbidding someone from paying more than the average market participant for a home unless the motive for doing so falls under money laundering, bribery, or some other equally nefarious scheme. What just happened?

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Appraisal Reconsideration of Value Agents Market Value 78

Padove Appraisal Service

FEBRUARY 6, 2018

A discussion of comparable sales begins with an explanation of why this approach is used in the valuation of real estate. Comparable sales reflect actual market reaction to similar residences, offering insight into anticipated market reaction to the property being appraised. How much less is anyone’s guess.

Real Estate 78

Real Estate Appraisal Sellers Market Value 78

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In home valuation language they are trying to buy under improvements for the neighborhood, which are usually a good deal, and below market value, but then there is the second half. A “dream home'“ is often code for “over improvement for the neighborhood,” and typically see lower market values compared to their costs.

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Renovations Market Value Valuation Appraisal 46

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration.

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Appraisal Real Estate Agent Renovations Home Value 69

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

Appraisal 36

Appraisal Appraisal Process Real Estate Training 36

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns. Click Here.

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Appraisal Appraisal Process Real Estate Training 36

McKissock

SEPTEMBER 1, 2020

There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. This will help you avoid the automated review bells and whistles when trying to explain a complex property and valuation on a limited form. Contingent Valuation Method (CVM).

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Appraisal Land Lease Valuation Real Estate 61

Realvals

JUNE 18, 2023

An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. An appraisal will provide you with the current market value of your real estate.

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Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

SEPTEMBER 15, 2023

Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Agent Contracts Real Estate 82

AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property. However, today you can enjoy receiving accurate appraisals with the help of revolutionary software tools.

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Appraisal Real Estate Agent Appraisal Process Architecture 36

AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property. However, today you can enjoy receiving accurate appraisals with the help of revolutionary software tools.

Appraisal 36

Appraisal Real Estate Agent Appraisal Process Architecture 36

AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property. However, today you can enjoy receiving accurate appraisals with the help of revolutionary software tools.

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Appraisal Real Estate Agent Appraisal Process Architecture 28

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

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Sellers Agents Real Estate Buyers 69