Remove Bracketing Remove Market Value Remove Real Estate Remove Realtors
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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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Price Adjustments and the 2023 Market

Lamacchia Realty

An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. But even with all the data at hand, determining the exact price isn’t always easy, especially in a shifting market like we have seen since the beginning of the year.

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Can a New Construction Sale be Used as a Comp for an Older Home?

Birmingham Appraisal

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. What is bracketing and why should Realtors do it?

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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. Some people will say that it is market value because you have a willing buyer and a willing seller. Should Outlier Sales Be Used When Pricing a Listing?

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Can New Construction Sales be Used in an Appraisal of an Older Home?

Birmingham Appraisal

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. What is bracketing and why should Realtors do it?

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Price Adjustments in this New Housing Market

Lamacchia Realty

Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. Neighborhood homes are valued relatively close to one another if their size and condition are relatively similar. Consider the Price Brackets.

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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Homes are essentially flying off the shelves this year, so if a home sits on the market without much interest, at some point you have to consider improving the price. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money. Consider the Price Brackets.