Appraisal Today

MAY 17, 2024

By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” I often go back in time for comps with views, etc. Originally hitting the market in 2022 for $72 million, the estate has seen various price decreases since then.

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Tools Appraisal Renovations Design 58

Birmingham Appraisal

DECEMBER 19, 2023

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. Mistakes Real Estate Agents Need to Steer Clear Of 1) Not providing an information packet to the appraiser – An information packet is the easiest thing to share with the appraiser.

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Appraisal Today

FEBRUARY 23, 2024

The challenge of pulling comps in 2024 By Ryan Lundquist February 14, 2024 Excerpts: Pulling comps in 2024 is tough. If we have 40% fewer sales happening, that means there are 40% fewer comps. GO BACK FURTHER IN TIME: One of the things I’m doing more often today is looking at older comps in the immediate neighborhood.

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Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

DECEMBER 1, 2023

Pulling comps from the other side of the freeway By Ryan Lundquist Excerpts: It can be a REALLY bad idea to pull comps from the other side of the freeway, but not always. Today I have some thoughts about location, comp selection, and lenders freaking out when schools are mentioned in appraisal reports. Acre lot.

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Appraisal Business Contracts Technology 89

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps.

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Construction Appraisal Process Appraisal Bracketing 79

Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. You can also listen right here at Cleveland Appraisal Blog! You can find me on Apple Podcast, Spotify, Google Play Music, Breaker, Overcast, Pocket Casts, Radio Public or you can listen right here at the Cleveland Appraisal Blog. . www.anchor.fm/cash-appraiserstats.com.

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Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps.

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Construction Appraisal Appraisal Process Bracketing 71

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. It’s been said that choosing the right comps is ninety percent of the battle when pricing a home and I agree.

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Realtors Bracketing Agents Buyers 85

Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Because so many people have asked me, “What does a real estate appraisal include?”

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Real Estate Appraisal Appraisal Process Construction 83

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? 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. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 77

Miller Samuel

FEBRUARY 12, 2019

Over the years, I have bantered with the Espinal Adler Team (Marie Espinal and Jeff Adler) at Douglas Elliman Real Estate about the market which has been invaluable for on the ground intel. Miller said that real estate investors should stop trying to perfectly time the market (both with rate and supply vs. demand).

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Birmingham Appraisal

OCTOBER 29, 2023

But what about those not-so-supernatural property pitfalls that can send shivers down your spine during a real estate appraisal? In this frightfully eerie blog post, we’re going to explore the ghastly goblins that haunt your home’s appraisal value – and trust us, it’s not just the creaky floorboards!

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Appraisal Real Estate Decorating Buyers 76

DW Slater Company

SEPTEMBER 29, 2021

Just as we are experiencing a few signs now of the cooling of Fall, we are also seeing some, ever be it so slight, signs of cooling in the real estate markets. We wanted to have a section in our newsletter specific to other appraisers, we can share information relevant to real estate appraisers. Collin County 1.0 | -44.4%

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Real Estate Appraisal Renovations Home Value 157

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

MARCH 22, 2024

Good analysis of factors in comp selection. NOTE: Please scroll down to read the other topics in this long blog post on Fannie March Update, Bias and not using time adjustments, Climate change effects on risk and values, answer your phone if you want more appraisal business, unusual homes, mortgage origination stats, etc.

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Birmingham Appraisal

AUGUST 23, 2022

This is basically what real estate appraisers do. While my main audience for this post is homeowners, real estate agents can also use this method to see how a home they are listing might compare to the recent sales. You can check out all of the traits that make a sale a comp from a previous post I wrote.

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Real Estate Agent Appraisal Real Estate Renovations 79

Birmingham Appraisal

AUGUST 16, 2022

The overall temperature of the real estate market is that it is softening from where it has been over the last two years. So what does a softening real estate market look like? Let’s take a look at some of the key real estate market indicators. A Look at The Numbers. Inventory Levels. Bottom Line.

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Marketing Inventory Real Estate Sellers 89

Lamacchia Realty

SEPTEMBER 13, 2022

comparative properties or “comps” is the primary way market values can be indicated, however in a volatile market such as this one in 2022, other factors need to be considered. To search for comps usually the timeframe is within 6 months, but may need to be searched for more recent sales to get a better sense of the local market.

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Inventory Sellers Agents Buyers 73

Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page. By Tim Andersen, MAI Excerpts: What is the “norm” in real estate appraisal today?

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Appraisal Real Estate Contracts Design 67

Portland Appraisal Blog

AUGUST 8, 2020

“Why is an appraiser asking me about an old comp?” One agent said, “I thought you guys could only use comps going back 6 months.” ” Another replied back to me: “Please, why you would use a comp from 2.5 Is this appraiser clown going to screw up someone’s deal by using a dated comp?

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Appraisal Bracketing Lending Agents 78

Cleveland Appraisal Blog

FEBRUARY 11, 2022

You can also listen right here at Cleveland Appraisal Blog! Choosing comps in a lopsided market – Sacramento Appraisal Blog. 5 Things Agents Should Know About ANSI – Birmingham Appraisal Blog. Photo Magic – I Hate Real Estate Podcast. www.homevaluestories.libsyn.com.

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Appraisal Market Value Clients Design 221

Birmingham Appraisal

JULY 7, 2022

With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. In addition, we have had recent interest rate hikes that have started to affect the real estate market. What Are Some Reasons Your Home May Not Appraise?

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Appraisal Marketing Contracts Buyers 63

Appraisal Today

JUNE 17, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. COMPS ARE THE PAST. I agree with what he says about real estate.

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Appraisal Contracts Real Estate Mortgage 52

Birmingham Appraisal

JUNE 13, 2023

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. Conclusion I hope that these insights and tips have been helpful and informative for you as a real estate agent.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. You can ask for their real estate appraiser license number.

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Appraisal Valuation Real Estate Market Value 78

Cleveland Appraisal Blog

SEPTEMBER 23, 2022

I’m working on more appraisal and real estate-related articles for future posts. In those two episodes, we talk a lot about how real estate appraisals work. You can also listen right here at Cleveland Appraisal Blog! Choosing comps in a changing market – Sacramento Appraisal Blog.

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Insurance Appraisal Property Taxes Real Estate 61

Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc.

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Appraisal Today

JULY 21, 2023

July 18, 2023 By Ryan Lundquist Excerpts: Some areas have more pools than others Real estate is about location. Ultimately, let’s look to the comps for the answers. I used comps with pools for any homes with and without pools to see any adjustment. The value of a pool for Homes? That’s what we always hear. And, it’s true.

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Appraisal Real Estate Contracts Business 90

Birmingham Appraisal

AUGUST 3, 2022

2) Lots of good quality pictures – As they say, “A picture is worth a thousand words” I go through every picture of the sales I am using as comps and the more there is the better. The post 6 Ways Agents Can Use Their MLS Listings To Help Appraisers appeared first on Birmingham Appraisal Blog. Conclusion.

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Agents Appraisal Buyers Sellers 81

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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McKissock

AUGUST 18, 2020

In my previous blog post , I observed that specializing in complex property appraisal can be very profitable for the residential appraiser—in Florida and all across the U.S. One-of-a-kind properties (no comps). Life estates. Last month’s blog post addressed water body related assignments. Many gated communities.

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Property Appraisal Appraisal Clients Easement 71

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. He designed the estate, completed in 2000, from the ground up. As we all (should) know, any person or company.

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Appraisal Today

JUNE 16, 2023

NOTE: Please scroll down to read the other topics in this long blog post Non-lender appraisals, ROVs, appraisal business, unusual homes, mortgage origination stats, etc. Rod Stewart Is Selling His Beverly Hills Estate for $70M Excerpts: Stewart’s Beverly Hills, CA, home is like few others, even by A-list-celebrity standards.

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Appraisal Contracts Design Mortgage 75

Appraisal Today

NOVEMBER 10, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on barndominiums, liability, declining prices, non-lender marketing, Freddie bad appraisal practices, unusual homes, mortgage origination stats, etc. ==. No ads in the blog post.

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Appraisal Real Estate Agent Real Estate Contracts 52

Birmingham Appraisal

OCTOBER 4, 2022

If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. ” In real estate, becoming obsolete translates to a loss in value. appeared first on Birmingham Appraisal Blog.

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Appraisal Market Value Real Estate Appraisal Process 58

Lamacchia Realty

OCTOBER 25, 2023

In typical real estate markets, a seller should receive at least one offer within the first two weeks of listing the home. Make sure you fully grasp why your REALTOR® suggests the price that they do by asking them to show you comps in your area that have sold recently and that are currently active on the market.

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Bracketing Marketing Sellers Buyers 64

Appraisal Today

FEBRUARY 3, 2023

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Costar and residential, non-lender appraisals., Murdoch told a gathering of real estate agents soon after the acquisition. “We We know what ‘realtor’ means.

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Appraisal Contracts Business Mortgage 40