Birmingham Appraisal

JULY 12, 2023

Elaborating on Pricing by Comparing Homes of Similar Sizes When it comes to pricing a home, comparing it to other similar-sized homes in the market is a fundamental aspect of the pricing and appraisal process. If you have any questions regarding pricing, including the bracketing method, feel free to contact me.

Real Estate Agent 87

Real Estate Agent Law Real Estate Bracketing 87

Birmingham Appraisal

FEBRUARY 20, 2024

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 89

Agents Appraisal Real Estate Agent Bracketing 89

Birmingham Appraisal

SEPTEMBER 26, 2023

Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA). Ethical Concerns Using outlier sales to manipulate property values or cater to clients’ desires can raise ethical concerns within the real estate industy.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

Clear Capital

DECEMBER 21, 2022

By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. They lose sight of this important appraisal comp selection and often do not include them in the report, which warrants a revision request from the lenders and customers.

Appraisal 69

Appraisal Bracketing Clients Market Value 69

Clear Capital

NOVEMBER 14, 2022

Proactively describe external influences and any inconsistencies a client may identify when searching online data sources. . Before submitting an appraisal report, validate your findings by double-checking with third-party agencies such as the city for zoning requirements and special assessments. Be thorough in your analysis.

Appraisal 69

Appraisal Lending Bracketing Appraisal Process 69

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.

Market Value 88

Market Value Agents Appraisal Bracketing 88