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.

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Real Estate Agent Real Estate Appraisal Agents 52

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

Real estate agents are typically the individuals who provide information in the MLS. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. However, when I looked at the photos, the home may have not been renovated.

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Agents Appraisal Renovations Development 374

AmeriMac

DECEMBER 30, 2023

Additionally, these appraisals assist real estate agents in setting the asking price and ensuring that the home’s condition aligns with the appraisal value, which is essential for the appraisal contingency. Accurate appraisals are vital for facilitating smooth real estate transactions.

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Real Estate Appraisal Inspection Appraisal Process 36

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 82

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Appraisals are also often needed for tax appeals and for private cash sales. Investors who need a value of a home before and after the proposed repairs are made, sometimes use appraisers. Real estate agents also need appraisals for properties that may be more difficult to price. Write about what you do know.

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Business Appraisal Real Estate Agent Clients 393

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

MAY 17, 2024

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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Tools Appraisal Renovations Design 64

D Fritz Appraisals

MARCH 7, 2019

While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. It’s often free! Every home is different.

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Renovations Appraisal Real Estate Agent Buyers 78

AmeriMac

APRIL 15, 2024

Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.

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Appraisal Appraisal Process Real Estate Renovations 36

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. Renovation loan assessments.

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Appraisal Inspection Property Taxes Easement 105

Realtor

AUGUST 24, 2017

And remember, these should be smaller home maintenance tasks, not big renovations. While giving a room a fresh coat of paint or adding some curb appeal is probably fine, it’s not the best idea to finish your basement right before an appraisal. Ask your agent to put a list of comps together to give to your appraiser.

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Appraisal Real Estate Agent Real Estate Agents 78

Realtor

AUGUST 24, 2017

And remember, these should be smaller home maintenance tasks, not big renovations. While giving a room a fresh coat of paint or adding some curb appeal is probably fine, it’s not the best idea to finish your basement right before an appraisal. Ask your agent to put a list of comps together to give to your appraiser.

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Appraisal Real Estate Agent Real Estate Agents 78

Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Age is a good example.

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Appraisal Real Estate Real Estate Agent Loan Conditions 223

AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser.

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Appraisal Appraisal Process Valuation Real Estate 36

D Fritz Appraisals

MARCH 16, 2021

The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase. If you have any questions or concerns about the appraisal process, we recommend looking through our FAQ section , or contacting us by phone or email for assistance.

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Appraisal HOA Easement Valuation 126

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? What to avoid before getting a home appraisal.

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Appraisal Renovations Contracts Buyers 36

AmeriMac

JULY 15, 2021

These appraisals are done by a third party, who doesn’t have a vested interest in the sale or a relationship with either the buyer or the seller. For this reason, appraisal companies are generally chosen by the lender. A variety of elements go into determining the appraisal figure.

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Appraisal Sellers Real Estate Buyers 36

Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar.

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Mortgage Real Estate Agent Sellers Appraisal 68

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. Appraisers must, therefore, frame their response within the matrix of avoiding any of any and all types of biases, not merely racial biases.

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Appraisal Contracts Real Estate Architecture 74

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Ask your local commercial real estate agent for a referral.

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. The uniqueness of the shape gave him the idea it would be a good project for him,” Piven (agent) explains. “He He was planning to renovate it and stay in it, but he had to relocate.” The current owner bought it as a fixer-upper.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

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

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? How much does it cost?

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Real Estate Appraisal Inspection Contracts 28

Realtor

DECEMBER 15, 2016

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. I have written about all three. bath, 13,872 square feet, 3.25

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Insurance Appraisal Contracts Mortgage 79