Housing Wire

MAY 11, 2021

Many factors contribute to the process of determining the value of a residential property. For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. .

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Town & Country Residential Appraisals

JANUARY 27, 2020

Why are real estate agents among the top 10 most hated professions? We’ve seen 1 bedroom homes “fluffed” into 4 bedrooms, and 0 bath homes “fluffed” into 1 bath homes - BY BROKERS?! The average home buyer who sees HGTV a couple times before they go looking is not sensitive to that,” he says. Where is the standard?

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Home Value Decorating Agents Investors 36

Eppraisal

MAY 24, 2024

Some listings are not how they appear, bringing down home values and turning your dream into a money pit.    Unpermitted Work Certain renovation projects can significantly increase home values. Consult with your real estate agent and decide whether the home is worth the hassle.

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Eppraisal

APRIL 19, 2024

Prioritize these five swaps to boost home value and maximize your returns. About 48% of real estate agents say energy-efficient home features are all the rage. Its absence can drive down home values, so making the swap is worth it. Having traditional lights can turn off green-minded buyers.

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Housing Wire

FEBRUARY 8, 2024

Real estate farming, or geo-farming, is a lead generation strategy in which the agent focuses on a specific geographic area. Real estate agents rarely use farming as their only marketing approach, but the ones who use it successfully credit real estate farming for the longevity of their business. Why should I try real estate farming?

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PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

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PennyMac

OCTOBER 10, 2023

The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Your biases toward certain home qualities may skew your calculations, so be aware of such tendencies.  Better

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Marketing Real Estate Agent Real Estate Valuation 69

Cleveland Appraisal Blog

APRIL 29, 2021

Does your home have a smell? Any repairs that can be made without requiring an extensive renovation should be made, it’s a great move to ensure a higher value. However, adding a bathroom to your floorplan is one of the pricier renovation projects you can undergo, so it may not be within everyone’s budget. Bottom line.

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Appraisal Investing Buyers Renovations 249

Eppraisal

SEPTEMBER 8, 2023

We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions. Interested in learning more?

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Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Oceanfront Estate on Kauai’s South Shore $13,995,000 Excerpts: 4 bedrooms, 4 baths, 3,706 sq.ft.,

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Appraisal Real Estate Real Estate Agent Contracts 76

Eppraisal

JANUARY 3, 2023

City, Suburban or Rural Living Many real estate agents say, "Location, location, location is the most important aspect of a home." " You must first decide where you want your home to be. It is important to do your own research and not to ask your real estate agent.

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PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

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Houston Properties

MAY 6, 2020

If you want to work with the best real estate agents in Houston, call them!" Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Why Your House Isn't Selling: Top 9 Houston Home Selling Mistakes.

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Renovations Realtors Sellers Home Improvement 66

Realtor

AUGUST 24, 2023

The home’s (actual) square footage Usually, the bigger the property, the more square footage, right? “It is a matter of the usable or functional square footage and evaluating the areas that are wasted space,” says agent Jeremy Kamm of New York City’s Coldwell Banker Warburg. Not always, say experts.

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Sellers Appraisal Buyers Transportation 123

D Fritz Appraisals

MARCH 7, 2019

Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. It can also help you qualify for a home equity line of credit for larger projects.

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Renovations Appraisal Real Estate Agent Buyers 78

Movoto

APRIL 30, 2024

Those who like to roll up their sleeves and tackle projects themselves can sell a home without relying on an agent. To sell your home successfully and maximize earnings requires motivation and attention for favorable outcomes. around the home before a showing. valuables, media, etc.)

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Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. The post What’s a House Worth?

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Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. The post What’s a House Worth?

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Appraisal Real Estate Agent Valuation Real Estate 78

Cleveland Appraisal Blog

FEBRUARY 4, 2021

Since many people are using these types of companies to sell their homes now, I have to now check with these sites to see if the home I am appraising is, or was, listed on one of these sites, in addition to the MLS. Since AVM’s base their values upon data from the market, at times they can be accurate.

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Advertising Valuation Appraisal Renovations 198

Eppraisal

SEPTEMBER 26, 2021

It's a good idea to talk to a mortgage lender and get preapproved for a home loan before you engage a real estate agent. Home values are rising, so you will want to be financially secure before you apply for a mortgage. You may be excited to furnish your home, buy new appliances and invest in new decor.

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Decorating Home Value Real Estate Agent Renovations 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.

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Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. You may also want to think about how much money you invest in updates and renovations because they may add less contributory value than you think. If you get it wrong you will pay the price.

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Appraisal Marketing Contracts Buyers 65

Berkshire Hathaway

NOVEMBER 12, 2021

Are you considering doing home renovations and want to evaluate all your options? There are a lot of factors to consider when making larger financial investments in your home such as updating appliances. Resell Value. Some believe that gas appliances increase your home value while others argue electric appliances do.

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Renovations Home Value Sellers Investing 53

D Fritz Appraisals

OCTOBER 11, 2022

Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Estate settlements.

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Appraisal Inspection Property Taxes Easement 105

Raleigh Realty

MARCH 29, 2021

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. You'll need to do some renovations.

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Government Real Estate Agent Insurance Property Taxes 148

D Fritz Appraisals

MARCH 16, 2021

Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.

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Appraisal HOA Easement Valuation 126

Chicagoland Appraisal Blog

JANUARY 21, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Real Estate Appraisal Home Value Real Estate Agent 78

Listing Spark

MARCH 15, 2022

Potential buyers may think that you don’t take care of your property and this could lower the value of your home. The Appraisal Institute has warned that bad neighbors can lower home values by as much as 10%. Finally, it’s important to keep all of the systems in your home up-to-date.

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Appraisal Renovations Contracts Buyers 36

Cleveland Appraisal Blog

JUNE 25, 2021

Physical depreciation is the most common cause of loss of value. All homes, that are not new, suffer from physical depreciation, because all homes are only new once. Even if they are completely renovated, they are still not considered to be new. As a home ages, it begins to deteriorate.

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Market Value Appraisal Marketing Buyers 244

Houston Properties

MAY 24, 2021

Free Home Valuation. For each of the last six years, Paige has been the #1 agent in that office. Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Avoid These 9 Memorial Villages Home Selling Mistakes. Under $500.

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Realtors Sellers Valuation Renovations 36

Appraisal Partners Blog

FEBRUARY 4, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Real Estate Appraisal Home Value Real Estate Agent 60

Houston Properties

JANUARY 13, 2021

If you're looking for a personal recommendation on your situation (buying or selling a home in Houston) and how it could impact your goals, please contact Paige Martin at Paige@HoustonProperties.com. Paige Martin is the #1 Individual Agent with Keller Williams in the State of Texas and team lead of The Houston Properties Team.

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Housing Market Marketing Real Estate Realtors 68

Raleigh Realty

DECEMBER 23, 2021

Glassdoor ranked the city of Raleigh, NC as the 1 Best City for Jobs in 2015 The Raleigh airport, also known as Raleigh Durham International Airport (RDU) has seen some major renovations in recent years as well as new airlines bringing new flight paths in and out of the Raleigh area.

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Raleigh Realty

FEBRUARY 21, 2022

Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact home values. Hiring an appraiser is typically only helpful if you are selling your home on your own.

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Real Estate Agent Real Estate Agents Renovations 148

Chicagoland Appraisal Blog

APRIL 3, 2020

To help you overcome these challenges, HomeLight spoke with one of the most successful real estate agents in the Chicago metro area, one of the city’s leading home appraisers, and a professional Chicago landscaper. Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home.

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Houston Properties

JUNE 22, 2021

It was even more difficult because I was no longer in Houston and the trust I had put in the other agent was definitely taken advantage of. Avoid These Top 9 West U Home Selling Mistakes. 10 Home Staging Ideas For An Impeccable West U Home. Seller Checklist To Raise Home Value.

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