Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

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Sellers HOA Insurance Contracts 69

Cleveland Appraisal Blog

AUGUST 11, 2022

I hope you find her article to be helpful! The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property. I hope her article gave you some things to think about if you find yourself in this situation.

Renovations 221

Renovations Buyers Appraisal Investing 221

Appraisal Buzz

SEPTEMBER 20, 2021

This is the second article in a series which discusses some difficult theoretical questions with which appraisers have been confronted in a very practical way. This article will pick up where the last one left off, so you will definitely want to read Part 1 of this series before continuing.

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Sellers Appraisal Inventory Buyers 195

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. The seller will probably never know.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. So how can real estate agents be so cavalier about their job? Chatbots nurture leads.

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Real Estate Agent Real Estate Agents Tools 370

McKissock

APRIL 30, 2021

Sales due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than the property’s market value. Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. Non-arm’s length sale. Arm’s length sale.

Market Value 88

Market Value Real Estate Appraisal Sellers 88

McKissock

OCTOBER 12, 2021

Read the full article here. Read the full article here. Read the full article here. How the Commercial Real Estate Market Is Adapting to Post-Pandemic Needs. “In Read the full article here. In this article, she outlines four proven and creative strategies for expired real estate listings. Industry News.

Real Estate 52

Real Estate Real Estate Agent Agents Clients 52

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. The seller will probably never know.

Appraisal 263

Appraisal Market Value Contracts Agents 263

McKissock

JULY 6, 2022

Sellers and buyers need to have a clear understanding of who can and will have access to the property in question. For sellers, they need a clear understanding of what showings, open houses, and inspections could entail. Access to the property is a common sticking point between sellers and buyers during a transaction.

Clients 87

Clients Real Estate Contracts Sellers 87

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. We must look at the market analysis and where we are coming from. Keven also shared the factors that he considers in determining the market value as a home.

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We took a poll of some recent sellers and found the following questions to be the most frequent. Marketing efforts are neutralized.

Clients 84

Clients Advertising Real Estate Market Value 84

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. I’ve also paid far less than a property’s market value because a seller was vulnerable or desperate to sell.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Birmingham Appraisal

JANUARY 25, 2023

Tips For Agents on How to Adjust For Square Footage I wrote an article once titled “ Price per square foot is not the holy grail of property value ” where I explained that price per square foot should not be the only metric given consideration when pricing a home. If you liked this post subscribe by email (or RSS feed ).

Agents 76

Agents Appraisal Contracts Buyers 76

Town & Country Residential Appraisals

JULY 5, 2022

The buyer and seller might have opposing Interests but they equally desire for the sale to close. The buyer obviously wants to have ownership of the home and the seller would like to, for whatever the reason, no longer own the home and either pay off their existing loan and/or walk away with some cash.

Appraisal 58

Appraisal Sellers Agents Real Estate 58

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. For the sake of simplicity, this article touches on merely three such biases: anchoring bias, selection bias, and confirmation bias. In and of itself, it is not market value.

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Appraisal Contracts Real Estate Architecture 72

Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. VIEW ORIGINAL ARTICLE The post The cure for appraisal gap anxiety appeared first on ClearCapital.com, Inc.

Appraisal 36

Appraisal Contracts Market Value Valuation 36

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. We must look at the market analysis and where we are coming from. Keven also shared the factors that he considers in determining the market value as a home.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. We must look at the market analysis and where we are coming from. Keven also shared the factors that he considers in determining the market value as a home.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

The Robert Weiler Company

OCTOBER 21, 2022

The short answer: A commercial real estate appraisal is a calculated assessment of value for any type of commercial property. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?

Appraisal 84

Appraisal Market Value Investors Buyers 84

McKissock

JANUARY 31, 2023

.” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’

Appraisal 52

Appraisal Contracts Sellers Business 52

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike.

Marketing 407

Marketing Real Estate Agent Clients Tools 407

Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. There is no law forbidding someone from paying more than the average market participant for a home unless the motive for doing so falls under money laundering, bribery, or some other equally nefarious scheme. What just happened?

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Cleveland Appraisal Blog

MARCH 30, 2021

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. Usually, the information further supports my opinion of value, when I take a closer look. (Warning – This video is a little loud.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Cleveland Appraisal Blog

MARCH 15, 2023

This week, I welcome a new guest blogger, Evelyn Grier, who specializes in writing articles on healthcare, senior care, and digital marketing. In the following article, she shares some things to keep in mind regarding senior living. I hope you enjoy her article and find some things that will benefit you and your loved ones!

Legal 52

Legal Transportation Appraisal Design 52

Eppraisal

JANUARY 17, 2023

A licensed real estate agent can perform the analysis to determine how much your property is worth and if your monthly rent is in line with market value rents. Home values have increased by double digit percentages year-over-year over the past couple years. Considering selling? National median prices rose 15.7%

Investing 36

Investing Real Estate Landlords Investors 36

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Market Value Appraisal Buyers Marketing 418

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

McKissock

JANUARY 14, 2022

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Ten things to know about price reductions in today’s market.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

McKissock

AUGUST 19, 2020

“It’s so important for sellers to understand that there are only three things in real estate you can control, and those things are marketing, property condition and price,” said Travis Gray, Associate Broker of Coldwell Banker Residential Brokerage in Annapolis, Maryland. Advice for breaking up with difficult real estate clients.

Real Estate 52

Real Estate Clients Client Relationships Real Estate Agent 52

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions.

Real Estate 36

Real Estate Appraisal Valuation Clients 36