Chicagoland Appraisal Blog

APRIL 11, 2021

When Zillow first came out, real estate appraisers would often hear “Zillow says my home value is…” This is usually followed by a cringed face and sigh. To put this debate to rest, o ur lead appraiser John did a sampling of recently appraised homes in Chicago to see how Zillow stacks up against a local real estate appraiser.

Appraisal 135

Appraisal Real Estate Real Estate Agent Sellers 135

Genworth MI Blog

FEBRUARY 18, 2021

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will the appraiser look in my closets? Should I follow the appraiser and point things out? Will worn carpeting hurt my value?

Inspection 148

Inspection Appraisal Real Estate Loan Officers 148

Boston Appraisal

NOVEMBER 6, 2020

The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

Appraisal 148

Appraisal Market Value Real Estate Sellers 148

Will Springer Realtor

OCTOBER 19, 2021

Not all home appraisals – and those who conduct them – are created equal. The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No Home Appraisal Tips for Buyers ).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Genworth MI Blog

FEBRUARY 18, 2021

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will the appraiser look in my closets? Should I follow the appraiser and point things out? Will worn carpeting hurt my value?

Inspection 78

Inspection Appraisal Real Estate Loan Officers 78

Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

Realtors 88

Realtors Bracketing Agents Buyers 88

Appraisal Today

JULY 21, 2023

July 18, 2023 By Ryan Lundquist Excerpts: Some areas have more pools than others Real estate is about location. This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. And, it’s true.

Appraisal 89

Appraisal Real Estate Contracts Business 89

Boston Appraisal

NOVEMBER 6, 2020

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. buyer needing to sell their house first); but generally speaking, all the offers should be within 10% of each other.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

Chicagoland Appraisal Blog

JANUARY 21, 2020

John Tsiaousis, Chicagoland Appraisals : Start by understanding what is happening in your market for the type of property you have. Let’s take a 2-flat in Chicago’s Logan Square for example from a real estate appraiser’s perspective. Spread the word, be accommodating and help the real estate agent. .

Real Estate 78

Real Estate Appraisal Home Value Real Estate Agent 78

Birmingham Appraisal

AUGUST 30, 2023

Market Fluctuations: Real estate markets are dynamic, and prices can fluctuate based on supply and demand. If the market has experienced a downturn, your home’s appraisal value might be lower than you anticipated. If there are few recent sales in your area, it can be challenging to establish an accurate appraisal value.

Appraisal 82

Appraisal Appraisal Process Renovations Market Value 82

Birmingham Appraisal

AUGUST 23, 2022

This is basically what real estate appraisers do. While you don’t have to have the extensive training that an appraiser does to get a rough idea of what price range your home might fall into you can still learn from the concepts appraisers use. 6 Ways to Compare Your Home.

Real Estate Agent 83

Real Estate Agent Appraisal Real Estate Renovations 83

Birmingham Appraisal

AUGUST 3, 2022

Appraisers study the behavior of buyers to understand their motivations and then they measure the effects of that motivation on what buyers are willing to pay for a house. One way for the appraiser to understand buyer motivation is to know exactly what factors they considered when purchasing a home. Conclusion.

Agents 84

Agents Appraisal Buyers Sellers 84

Chicagoland Appraisal Blog

JULY 13, 2017

Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with. If it’s not written on a real estate contract and other offers are received by text or email or whatever other means you might receive it, guess what it’s not an offer to purchase. GOOD LUCK!!!

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Appraisal Today

DECEMBER 1, 2023

B) Buyer Behavior … C) School System … To read lots more, plus maps and many appraiser comments, Click Here ————————————————————————— Why Comp Photos in Appraisals?

Appraisal 88

Appraisal Business Contracts Technology 88

McKissock

OCTOBER 29, 2021

Are you just starting your real estate appraisal career? Last month we asked our appraisal community, “If you could give ONE piece of advice to a new appraiser, what would it be?” ” Thank you to the large number of appraisers who shared their top tips for new appraisers!

Appraisal 88

Appraisal Inspection Training Development 88