Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. Appraisal Process To answer this it’s important to understand the appraisal process.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. Appraisal Process To answer this it’s important to understand the appraisal process.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. The topic of outlier sales came to mind recently when I noticed a sale in my market that was listed between two and three million dollars. There is a difference.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. I’ve listed below the top search criteria I look at when searching for comps during the appraisal process. The quality of local schools is a significant factor influencing property values.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Clear Capital

DECEMBER 21, 2022

As an appraisal quality leader and former field appraiser, I know firsthand that working in the real estate appraisal industry can be a wild ride. Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . 1 is location, No.

Appraisal 69

Appraisal Bracketing Clients Market Value 69