Appraisal Buzz
NOVEMBER 29, 2021
Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) recall that there are six site valuation methods with the most popular and easiest to use being the sales comparison method. Now, we all fondly (?!)
Clear Capital
MARCH 4, 2024
Issue: Neighborhood sales do not bracket a salient feature Solution: Use comparables from both inside the subject’s immediate neighborhood as well as outside the neighborhood. This approach captures location and provides bracketing for features.
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Birmingham Appraisal
FEBRUARY 20, 2024
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. 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.
Birmingham Appraisal
SEPTEMBER 26, 2023
Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA). Outlier sales often lack suitable comparables, making it challenging to apply the traditional valuation approach accurately.
Town & Country Residential Appraisals
DECEMBER 16, 2019
Imagine home valuation in this neighborhood. 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). Every house identical… except for the ones next to the industrial site.
Appraisal Today
APRIL 14, 2023
Appraisers sought to bracket the subject using three comparable sales. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons. It is a place where we can show our clients just how valuable an appraisal can be. Worth reading.
Clear Capital
NOVEMBER 14, 2022
Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. Proactively describe external influences and any inconsistencies a client may identify when searching online data sources. .
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