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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

The Temptation of Outlier Sales in Pricing a Home At first glance, outlier sales might seem like a goldmine of information for agents. Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA).

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What is a "Comp?"

Town & Country Residential Appraisals

This allows us to reach out to the lender and ask for what the agent used to assist their client in pricing/making an offer on the home in question (most lenders discourage this in any other transaction). Listings may give some information, but sometimes they are deceptive. Always a sale that is close in price to the subject contract.

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Appraising Fixer Uppers

Appraisal Today

Appraisers sought to bracket the subject using three comparable sales. It is a place where we can show our clients just how valuable an appraisal can be. If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication. percent from 6.40 percent from 6.36

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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

Buyers’ agents use this database to search for properties on behalf of their clients, and public-facing websites like Trulia display listing details to prospective homebuyers. Buyers in that pricing bracket will look at other properties that make more sense for the price, and your home will stagnate on the active market.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. Not even the borrower is the appraiser’s client.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Properties are still going under contract. We’re already having conversations with our clients in the industry. So, what did they do? Many increased their savings.