Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

Bracketing 65

Bracketing Marketing Sellers Buyers 65

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. If it is underpriced the seller will leave money on the table, both not good outcomes.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Lamacchia Realty

AUGUST 3, 2021

Buyers have had more money to work with due to the low mortgage rates , and sellers who actually listed their properties were given the pick of the litter in multiple offer situations where most of the time, the homes were selling for over asking. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Portland Appraisal Blog

AUGUST 8, 2020

years ago when there have been many[,] many sales in this development just in the last year?” Keep in mind too, a report may have more than three comparables; sometimes a fourth, fifth, or even sixth comparable might be used to tighten the report and the developed opinion of value. (I’ve Thank you for clarifying.”

Appraisal 78

Appraisal Bracketing Lending Agents 78

Lamacchia Realty

MARCH 26, 2024

Source Inventory rises when more sellers are listing than buyers are buying. When there are market changes it often takes sellers time to first realize it and then be willing to accept it. This can be particularly important in a buyer’s market, where buyers have many options and sellers need to stand out.

Bracketing 61

Bracketing HOA Sellers Buyers 61

McKissock

FEBRUARY 15, 2022

I had become aware of the development of the standard and made repeated contacts with “the guy” (don’t remember his name) who was having it printed. Because participating representatives from the following list of entities were involved in the development and approval process: American Institute of Architects.

Appraisal 87

Appraisal Bracketing Training Development 87