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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. 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.

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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

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. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. However, in the quest for accuracy and reliability, one common mistake that real estate professionals need to avoid is the undue influence of outlier sales in pricing strategies.

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Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. In typical real estate markets, a seller should receive at least one offer within the first two weeks of listing the home. Consider the Price Brackets. Real estate websites set up their property search tools with price brackets.

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What is a "Comp?"

Town & Country Residential Appraisals

This means that over the years we have received properties from real estate agents on properties where we had a question as to the rationale used to develop a contract price. Always a sale that is close in price to the subject contract. A recent sale. That means that they support a lower value for the subject.

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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

The conventional pathway to selling your home is hiring a listing agent who represents you in the transaction and manages the marketing that requires a real estate license—namely, listing your property on the MLS. Related: 2024 Texas Real Estate Housing Report That’s where flat-fee MLS listing services have come into play.

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Appraising Fixer Uppers

Appraisal Today

Excerpt: The most coveted pieces of real estate are often found directly on the water. These types of clauses are now incredibly common amongst the construction trades, real estate professionals, wedding services, financial services, and more. Appraisers sought to bracket the subject using three comparable sales.