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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Some people will say that it is market value because you have a willing buyer and a willing seller. Whether you’re a seasoned real estate agent or a curious homeowner, understanding the dangers of outlier sales can help ensure a more accurate and fair representation of property values. There is a difference.

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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

” In the course of my work, I have elicited that question from quite a few agents and brokers. One agent said, “I thought you guys could only use comps going back 6 months.” Sometimes years might pass by before this legal requirement is understood by the family and an appraisal report is ordered.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. If you are a real estate agent, has this ever happened to you?

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Getting pre-approved tells the seller that you're serious. You want to choose the best price available Find an Agent Yes, it does cost money to hire a real estate agent. With an agent, you get a professional who knows the ropes. And the seller's agent will be happier to do business with a colleague in the field.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Avoid 9 Costly Mistakes Sellers Make. Paige Martin is the #1 Individual Agent with Keller Williams in the State of Texas and team lead of The Houston Properties Team. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Jones, PhD.

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Appraising Fixer Uppers

Appraisal Today

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Appraisers sought to bracket the subject using three comparable sales. We have learned how to address areas that tend to be sticking points for Fannie Mae and Freddie Mac, such as bracketing elements of comparison.

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The title insurance industry prepares for battle

Housing Wire

Many in the title insurance industry reported record years in 2021, but while experts were predicting things to slow down in 2022, the suddenness at which the market cooled was unexpected, or as Jodi Ketchersid, a Destin, Florida-based Corcoran Group agent said: “It was like, ‘Holy cow! The second largest age bracket was 35-44 at 19%.

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