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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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5 Tax Tips for Real Estate Agents

McKissock

Tax season is in full swing and if you’re in real estate it’s useful to brush up on specific tax tips for real estate agents. Important tax tips for real estate agents to remember. We asked real estate and tax professionals across the country for their very best tax tips.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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.

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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

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. The Temptation of Outlier Sales in Pricing a Home At first glance, outlier sales might seem like a goldmine of information for agents.

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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

The conventional pathway to selling your home is hiring a listing agent who represents you in the transaction and manages the marketing that requires a real estate license—namely, listing your property on the MLS. In Texas, the norm is to pay your listing agent 3% of your home’s sales price.

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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

The first line of defense is hiring a REALTOR® who is experienced in handling the complexities of multiple offers in this adjusting market with higher rates. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

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