Birmingham Appraisal

APRIL 11, 2023

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.

Realtors 88

Realtors Bracketing Agents Buyers 88

Realvals

AUGUST 4, 2022

Usability is of great significance here, where families are the main buyers. Condition refers to the house’s current condition in terms of overall maintenance, depreciation, and updates. Quality refers to the materials used when building and/or remodeling the house. Bracketing. Best Practices for Comparable Sales.

Appraisal 78

Appraisal Bracketing Real Estate Buyers 78

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.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

Birmingham Appraisal

FEBRUARY 6, 2024

I do have some videos on my YouTube channel that teach some basic graph-making skills so you can also refer to them HERE. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase. This information can be used to advise sellers on how to price in this situation.

Inventory 79

Inventory Real Estate Sellers Buyers 79

Genworth MI Blog

NOVEMBER 29, 2018

I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. I refer to this approach as high-level bracketing.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. I refer to this approach as high-level bracketing.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Lamacchia Realty

SEPTEMBER 1, 2021

How many times have you driven down a New England street and loved the style of a home and had no idea how to reference it to your real estate agent? Turrets, elaborate shingle shapes, such as scallops, and scrolled brackets were now attainable resources. Knowing which style of house you want is another story altogether.

Architecture 78

Architecture Decorating Design Modernization 78