Remove Architecture Remove Design Remove Market Value Remove Valuation
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Savvy real estate agents look beyond ChatGPT

Housing Wire

McKinsey reports that the real estate industry will see a productivity gain of $110 billion to $180 billion, primarily in marketing and sales. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. It first explained how it was better than human agents.

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Fannie Files Complaint Against Appraiser

Appraisal Today

Acre lot Situated in the foothills of the Sierra Nevadas, Mountain House stands as a testament to an architectural brilliance and a profound connection with nature. The architects, celebrated for their intelligent and compact designs created a livable work of art as their first and only home built in the United States.

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NAR Appraisal Survey 2022

Appraisal Today

Eleven percent cite evaluations (non-appraisal opinions of value). The eight percent who cite other valuation methods most often explained that they use a hybrid approach or mostly an exterior appraisal. If it had a market value of $345k, it would have listed at $345k!”. While agents can “puff” we cannot!

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Desktop Appraisals: Who, When, and Why

Appraisal Today

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. Why Doesn’t Anyone Want Tulsa’s Frank Lloyd Wright-Designed Home? Excerpts: 5 bedrooms, 4.5

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8 Home Appraisal Cost Factors in BC: What You Need to Know

D Fritz Appraisals

A home appraisal is a legal document that determines fair market value for a property. Complexity/detail of property – A home with intricate architecture or an unusual layout will take longer to appraise and will have fewer market comparables to refer to. What is an Appraisal, and Who Pays for it?

Appraisal 103
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NAR Appraiser Survey July, 2023

Appraisal Today

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. Therefore, the final price may not reflect the market value of the property.

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Appraising Historical Homes

Appraisal Today

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. She designed more than 700 buildings in California during a long and prolific career. No effect on value. I was surprised.