article thumbnail

The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I have also worked with hundreds of real estate agents, some of whom have a good understanding of the appraisal process and some who don’t.

article thumbnail

Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

And, of course, federal regulations and guidelines establish the need for institutions and their agents to have an understanding of the appraisal management process to avoid violations. Additionally, client contracts often require that appraisal management companies ensure staff receive proper training on various topics.

Training 366
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Agents 86
article thumbnail

The appraisal gap is complicating deals across the country

Housing Wire

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. It’s made deals more challenging. I’ve seen a house listed at $1.7 million and sell for $2.03

Appraisal 540
article thumbnail

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. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. What just happened? There must be some mistake.

article thumbnail

Appraisers: How to Manage Your Emails

Appraisal Today

The uniqueness of the shape gave him the idea it would be a good project for him,” Piven (agent) explains. “He Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry Real estate agents and appraisers are taught different methods of valuation both in qualifying and continuing education as well as in the field.

article thumbnail

Challenging a mortgage appraisal

Annarbor Appraisal

The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. When a sale is involved, the valuation may be lower than contracted price. Lenders offer a formal “Reconsideration of Value” (ROV) process. Challenging the results of the appraisal for mortgage financing.