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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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. Each will determine what features move the needle on value for buyers and this will be reflected in their opinion of value.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

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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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

The average household finances are in the best shape they’ve ever been in. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Household Finances – The Best (Ever). Buyers Beware? Top Ranked Realtors: Paige Martin & The Houston Properties Team. Get PDF Now.

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My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

Agents are looking out for the best interests of their clients and always want to sell their houses for the highest amount possible, however, unless a buyer is paying cash and does not need financing they will need to obtain an appraisal. If you have any questions feel free to contact me, I’d be glad to speak with you.

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March 2022 South Florida Housing Report

Lamacchia Realty

It is suspected that available inventory will start to climb a bit with the rise in mortgage rates nationally, but South Florida may be less impacted, especially for condos, by the rates with so many cash buyers. As mortgage rates increase, housing affordability and securing financing becomes a very real concern for buyers.

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April 2022 South Florida Housing Report

Lamacchia Realty

However, South Florida may be less impacted, especially for condos, by the rates compared to other regions with so many cash buyers in the market. The rise in mortgage rates will inevitably lead to a moderation of price increases given that less buyers will be in the market (i.e., Data provided by Florida Realtors® SunStats.