Birmingham Appraisal

JULY 12, 2023

In this blog post, we will delve into the concept of the Law of Diminishing Returns and explore how real estate agents can utilize this knowledge to effectively price their listings. However, adding additional expensive features beyond what the market demands may not yield a proportional increase in value.

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Real Estate Agent Law Real Estate Bracketing 87

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? Of course, most people confuse real estate agents with appraisers. Be sure to practice your recording.

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

NOVEMBER 22, 2023

We also use AI to help run our operations and drive operational efficiency by using predictive analytics and how we assign appraisals to appraisers. And we use AI in our DataMaster solution to do market analysis and support appraisers in how they’re developing appraisal reports.

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Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time.

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Real Estate Real Estate Agent Technology Investors 345

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Valuation Modernization Training Appraisal Process 278

Housing Wire

DECEMBER 8, 2023

In today’s market, having a preapproval, at the minimum, is a must. Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. With a changing market, home inspections are now becoming a secondary point of negotiation.

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Clients Real Estate Inspection Buyers 378

Housing Wire

AUGUST 31, 2022

This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the appraisal process on a home loan. Users have the ability to leverage CubiCasa’s technology without prior training.

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Technology Modernization Appraisal Process Training 315

The Appraiser Coach

DECEMBER 5, 2023

To make a long story short, this man felt like the first appraisal had come in lower than it should have. He mentioned how his brother’s home of a similar size had sold in a different market for a much higher price. I enjoyed the opportunity I had to talk to him and teach him about how the appraisal process works.

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Real Estate Agent Inspection Appraisal Appraisal Process 150

East Coast Appraisal

OCTOBER 19, 2021

Your listing agent will, however, let you know if the property appraised at or above the agreed-upon price. Real estate agents and appraisers often say they are going to run the comps. What they are referring to is a comparable market analysis or CMA, which is often just shortened to comps.

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Appraisal Process Appraisal Real Estate Agent Real Estate 52

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. It’s a common question that comes up and with the real estate market skyrocketing, thought I’d answer the question once and for all. From my earlier blog on how accurate is a Zestimate vs a Home Appraisal?

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Housing Wire

DECEMBER 28, 2020

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

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Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

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Mortgage Renovations Appraisal Process Finance 423

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Choose your own adventure or tailor one of these questionnaires to fit the Real Estate Agents in your own market!

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Real Estate Agent Real Estate Agents Inspection 36

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Choose your own adventure or tailor one of these questionnaires to fit the Real Estate Agents in your own market!

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Real Estate Agent Real Estate Agents Inspection 36

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. It’s a model in stark contrast to that of inspections for traditional appraisals.

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Appraisal Inspection Real Estate Agent Training 401

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Appraisals are also often needed for tax appeals and for private cash sales.

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

APRIL 6, 2021

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. She recently had a deal fall apart due to appraisal. Streamline by combining services.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Realtor

SEPTEMBER 19, 2023

A good understanding of the home appraisal process will go a long way toward comprehending how your home’s value is determined. First, a home appraiser will pull comparable listings (called “comps”) from the nearby area. Here’s how to find a real estate agent in your area.

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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.

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Agents Appraisal Real Estate Agent Bracketing 89

Raleigh Realty

FEBRUARY 19, 2022

If minimal water damage appears on your appraisal report, you may be able to repair the problem on your own to put the buyer at ease. If that happens, your real estate agent will have to negotiate with the seller to see if they will bring their sale price down to $350,000.

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Appraisal Appraisal Process Real Estate Agent Renovations 148

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

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Agents Appraisal Valuation Appraisal Process 85

Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. We now will have our first training group that will be intensely focused on just spreading the word, getting information out to lenders, veterans and real estate agents.

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Modernization Appraisal Process Appraisal Training 332

Housing Wire

MAY 2, 2021

To streamline the appraisal process, lenders and appraisal management companies (AMCs) need a trusted, one-stop resource to obtain cost-effective, transparent, automated and robust valuation solutions. Black Knight’s Complexity Profiler offers an automated solution that identifies a property’s potential appraisal complexity.

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Valuation Real Estate Agent Clients Realtors 203

Housing Wire

JULY 9, 2021

We know through the work of people like Robert Shiller and others that “narratives” are indeed economic forces and that compelling narratives can move markets. real estate market, matters are of course more complex than mere narratives, but we do all know that constant hype adds to the buoyancy of markets, which then creates more hype.

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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. However, in the quest for accuracy and reliability, one common mistake that real estate professionals need to avoid is the undue influence of outlier sales in pricing strategies.

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Real Estate Agent Real Estate Clients Agents 89

Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.

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Inspection Valuation Real Estate Real Estate Agent 195

Housing Wire

MAY 25, 2021

Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.

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Appraisal Valuation Real Estate Modernization 308

AmeriMac

DECEMBER 30, 2023

Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals. Accurate appraisals are vital for facilitating smooth real estate transactions.

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Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

DECEMBER 29, 2020

Data and analytics giant Black Knight made moves in the secondary mortgage market again, launching its Mandatory Analytics dashboard that will allow investors to analyze and benchmark their actions on the secondary market. Today’s secondary mortgage market is one marked by intense volatility and fierce competition,” said Happ.

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Mortgage Investors Technology Real Estate Agent 289

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent.

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Clients Agents Buyers Sellers 374

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Appraisal Buzz

MAY 9, 2022

The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring.

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Realtor

MAY 15, 2023

In a traditional appraisal, an appraiser goes to a home and does a thorough walk-through, recording details like square footage, acreage, number of bedrooms and bathrooms, home improvements, and additions. The hybrid appraisal uses a form almost identical to the URAR, but the appraiser doesn’t go to the property.

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Appraisal Real Estate Appraisal Process Market Value 107

Appraisal Today

SEPTEMBER 23, 2022

At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. Will we see smaller homes more often as first-time buyers flood the market? Markets are changing in many areas, but are complicated by price range, size, etc.

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Housing Wire

DECEMBER 7, 2023

The Massachusetts Real Estate License Exam consists of multiple choice questions and is based on the 40-hour pre-licensing curriculum. You’re given 4 hours to complete this section What is the average salary for a Massachusetts real estate agent? This value represents the median.

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Real Estate Real Estate Agent Law Brokerage 321

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? Many homeowners opt for the For Sale By Owner (FSBO) approach to cut costs and have more control over the sales process. For Sale By Owner refers to the process of selling a home without the involvement of a real estate agent or broker.

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Real Estate Agent Legal Real Estate Agents 36

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Things To Consider With Hybrid Appraisals.

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