Birmingham Appraisal

MARCH 26, 2024

I was asked a question recently by an agent who was having problems finding comps. What is bracketing and why should Realtors do it? 4 Things an agent should do before they offer comps to the appraiser They wanted to know if it was okay to use new construction sales in an appraisal of an older home.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Birmingham Appraisal

SEPTEMBER 26, 2023

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.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Listing Spark

MARCH 18, 2024

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.

Modernization 36

Modernization Tools Open Houses Real Estate 36

Birmingham Appraisal

MARCH 26, 2024

I was asked a question recently by an agent who was having problems finding comps. What is bracketing and why should Realtors do it? The lack of homes available for sale and the increase in interest rates have resulted in a decline in homes sold in most areas of the country. appeared first on Birmingham Appraisal Blog.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. Your market may have other sources of market data as well.

Inventory 76

Inventory Real Estate Sellers Buyers 76

Lamacchia Realty

MARCH 12, 2024

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.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Houston Properties

JANUARY 13, 2021

Paige Martin is the #1 Individual Agent with Keller Williams in the State of Texas and team lead of The Houston Properties Team. Top Ranked Realtors: Paige Martin & The Houston Properties Team. National Association of Houston Realtors Research Group: 2019 Home Buyers and Sellers Generational Trends Report. Caveat emptor.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Lamacchia Realty

JANUARY 10, 2022

The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. DISCLAIMER – There are risks involved with these tactics, consult your REALTOR® or Attorney.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

FEBRUARY 22, 2023

The first line of defense is hiring an experienced REALTOR® who is an expert at 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.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Lamacchia Realty

MARCH 26, 2024

An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. Your home is priced much higher than properties in your area Your REALTOR® will conduct a comparative market analysis of recently sold homes in your area to set a target price range.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Birmingham Appraisal

NOVEMBER 14, 2023

I often get asked by agents about the best way to find comparable sales when pricing a listing. Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Agents should look for properties within the same school district if at all possible.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Cornerstone

MARCH 3, 2021

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Work with a skilled real estate agent. This may be software-generated and can vary by agent. Some agents steer clear of ending a home’s price with a zero (i.e., are anticipated to rise by 4.5 percent in 2021.

Sellers 55

Sellers Bracketing Buyers Inventory 55

Lamacchia Realty

APRIL 27, 2022

This can lead to looking for homes in a lower price bracket as the higher rates and continually rising prices require higher down payments and higher monthly mortgage payments. Data provided by Florida Realtors® SunStats. We could be seeing the impact on closed sales in the coming months. Additional Resources. Buyer Resources.

New Listings 55

New Listings Bracketing Inventory Realty 55

Lamacchia Realty

MAY 26, 2022

This can lead to looking for homes in a lower price bracket as the higher rates and continually rising prices require higher down payments and higher monthly mortgage payments. Data provided by Florida Realtors® SunStats. We will continue to see the impact of this rate increase on closed sales in the coming months. Buyer Resources.

New Listings 36

New Listings Bracketing Inventory Realty 36