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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. Take finished square footage for instance.

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

Appraisal Hub

In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence. Understanding the Role of Appraisers: First and foremost, it’s crucial for real estate agents to understand the role of appraisers.

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How Depreciation Works

Cleveland Appraisal Blog

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. What do they indicate and how do appraiser’s measure depreciation? Physical depreciation is the most common cause of loss of value. In a word, depreciation.

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Success with Relocation Appraisals: Key Strategies

AmeriMac

One crucial aspect of the relocation process is the appraisal of the property being sold. Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. A mortgage appraisal assesses the market value of a property without specific time constraints.

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. These include: 1.

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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising.

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Tools To Support Appraisal Adjustments

Appraisal Today

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Geographic “Data” Competency refers to an appraiser’s ability to effectively understand, interpret, and utilize geographic data in the appraisal process.

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