article thumbnail

Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

article thumbnail

The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

Not all home appraisals – and those who conduct them – are created equal. 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 After all, both parties want a positive outcome from the appraisal. Home Appraisal Tips for Buyers ).

article thumbnail

Top 10 Benefits of Getting a Pre-Listing Appraisal Before Selling Your Home

Birmingham Appraisal

They can rely on the professional appraisal provided by the appraiser, making them feel more secure about their investment. If the buyer’s appraiser comes up with a lower value than your asking price, it can derail the sale or lead to renegotiations.

article thumbnail

My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

Pending sales that have been appraised with no issues and that have financing in place are the best sales available. The post My Top 11 Tips For Realtors When Choosing Comps appeared first on Birmingham Appraisal Blog. This information will tell us if the price we are considering is too high.

article thumbnail

Unacceptable Appraisal Practices from Freddie Mac

Appraisal Today

During the appraisal and appraisal report review processes, barndominiums require special consideration, given that they are typically unique to a subject neighborhood. These appraisals take more time and effort, therefore you should charge more for them. Sometimes he writes for appraisers. Sellers, did you hear that?