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.

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Appraisal Buzz

AUGUST 16, 2021

Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. I’ve been consuming more news articles, blogs, and podcasts than ever before, but there are always some questions that never seem to get answered. This is true, but the value of what.

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Market Value Buyers Appraisal Sellers 448

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. Functional depreciation results when buyers pay less for a home, in comparison to other similar homes, because some aspect of it is less functional than other generally similar homes.

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Market Value Appraisal Marketing Buyers 244

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. You can also listen right here at Cleveland Appraisal Blog!

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Appraisal Market Value Legal Property Appraisal 354

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. You can also listen right here at Cleveland Appraisal Blog! Depreciation!

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Cleveland Appraisal Blog

OCTOBER 27, 2022

The appraiser will provide your home’s estimated market value in writing afterward. Assume the role of a potential buyer. Here, you get to play the role of a prospective buyer touring the home. You should also provide an attractive environment for your prospective buyer. – Birmingham Appraisal Blog.

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Cleveland Appraisal Blog

AUGUST 11, 2022

In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. Buyers may walk away from the purchase.

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Renovations Buyers Appraisal Investing 221

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” So how can real estate agents be so cavalier about their job?

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Appraiserblogs

FEBRUARY 16, 2024

The answer is the listing agents pricing strategy and the buyers agents buying strategy. Clearly off the page in relationship to existing market value indicators. appeared on Appraisers Blogs. Appraisers, I have written the… Agent Management Company, a Familiar Ring We will call it "AGENT MANAGEMENT COMPANY".

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Agents Market Value Appraisal Contracts 109

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. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 418

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. – Birmingham Appraisal Blog.

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Appraisal Law Development Valuation 309

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why.

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Development Appraisal Market Value Valuation 337

Cleveland Appraisal Blog

DECEMBER 19, 2021

By focusing on buyers’ needs, you can get a better ROI and increase the odds that your house sells quickly. If you also keep your receipts and take before and after photos, you’ll have an easier time demonstrating the value of the work, making it easier to get top dollar when you sell. – Birmingham Appraisal Blog.

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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. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 263

Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. employ certified professionals who understand the nuances of the local market.

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Appraisal Property Taxes Valuation Market Value 78

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

(MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. You can also listen right here at Cleveland Appraisal Blog! Fires, multiple offers, & new flooring – Sacramento Appraisal Blog. – Birmingham Appraisal Blog.

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Agents Appraisal Renovations Development 374

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. Do you know of anyone who purchased a home within the past year?

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Buyers Property Taxes Inspection Market Value 243

Cleveland Appraisal Blog

MARCH 4, 2021

That usually appealing to many home buyers. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. You can also listen right here at Cleveland Appraisal Blog! The Best Part Of My Job As An Appraiser – Yolo Solano Appraisal Blog.

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Appraisal Real Estate Real Estate Agent Loan Conditions 223

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 83

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.

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Appraisal Real Estate Real Estate Agent Contracts 75

Birmingham Appraisal

AUGUST 8, 2023

Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. Set the price too high, and you risk scaring away potential buyers. Set it too low, and you may lose out on the true value of your property.

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Appraisal Buyers Real Estate Investing 75

Birmingham Appraisal

DECEMBER 5, 2023

In this blog post, I’ll delve into the benefits it can offer, providing you with insights that can significantly enhance your ability to sell that stubborn property. Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers.

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Appraisal Real Estate Agent Real Estate Market Value 61

Birmingham Appraisal

JUNE 7, 2023

Their expertise goes beyond helping buyers and sellers determine accurate market value. In this blog post, I will explore how residential real estate appraisers can assist accountants in their work, highlighting specific examples of their contributions. If you liked this post subscribe by email (or RSS feed ).

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Real Estate Appraisal Valuation Legal 63

Birmingham Appraisal

JUNE 13, 2023

This can create challenges for both agents and appraisers, especially when it comes to determining the market value of the property. As an agent, you might think that multiple offers are a clear indication of market value and that the highest offer should be accepted as such.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Birmingham Appraisal

MAY 1, 2024

These types of improvements can help buyers choose your home over another similar one that may not have the same pop that yours does. Maintenance improvements can have a stronger impact on the marketability of your home because buyers may look at a home that has a new roof or HVAC system and factor this into the equation.

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Renovations Appraisal Real Estate Agent Construction 75

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?

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Appraisal Market Value Investors Buyers 84

Cleveland Appraisal Blog

MAY 27, 2021

The buyers paid cash. I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. 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.

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Market Value Appraisal Buyers Marketing 418

Appraiserblogs

NOVEMBER 11, 2022

Does the buyer want more acres, or less grass to cut? The post Appraisers Are Historians appeared on Appraisers Blogs. I mean no disrespect to the modelers of the Automated Valuation Models (AVMs) or to Zillow for relying on their AVMs. Bias in Automated Valuation Models The CFPB is reviewing bias in Automated Valuation Models (AVMs).

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Appraisal Valuation Lending Investing 107

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For buyers, it could mean a potential bargain. There is a difference.

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Real Estate Agent Real Estate Clients Agents 86

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Before you buy or sell land, you must have the land surveyed and land appraised to determine land value estimation. How is Land Appraised?

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Appraisal Valuation Real Estate Market Value 78

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. markets, but they’ve been steadily expanding. What Is An iBuyer?

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Sellers Buyers Agents Real Estate Agent 55

Appraiserblogs

OCTOBER 7, 2021

Newsom This law requires a purchase agreement in a real estate transaction to inform a seller and buyer of the opportunity to report, through the Department of Consumer Affairs’ internet website or telephone number, any suspicion of a discriminatory appraisal by the holder of a real estate appraiser license.

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Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 75

Birmingham Appraisal

FEBRUARY 20, 2024

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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AmeriMac

FEBRUARY 15, 2024

It provides an unbiased estimate of a property’s value based on various factors, including its condition, location, and comparable properties in the area. This blog will provide an overview of the home appraisal review process, including why it’s necessary, what to expect, and how to navigate potential discrepancies.

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Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. Never miss a post by subscribing to the Enact MI Blog! Subscribe now!

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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. 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.

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Appraisal Market Value Sellers Real Estate 78