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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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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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Cost Approach in Fifteen Minutes or Less

Appraisal Buzz

As a real estate developer, prior to entering the field, I always costed out my projects for profitability. I can use median or average, but I have to remember to cull the data for common sense bracketing and consider overall site sales related to the subject property use and size. 4) Streamline (update).

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Living in Knightdale, NC: 11 Tips Before Moving to Knightdale

Raleigh Realty

However, while having historical roots, the town feels very modern. Real estate can get tight, where there are literally zero vacancy rates as residents love the area so much that they will stay there for several years. Since demand is so tight for homes, real estate values are pushed higher due to the increased demand.

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My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

When considering sales for comps it is important to bracket the square footage so that you get a more complete picture of how square footage affects the sale price of a home. Older homes may have unique features or craftsmanship that adds to their value, while newer homes might have modern conveniences and energy-efficient technologies.

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A Guide to Common New England Home Styles

Lamacchia Realty

How many times have you driven down a New England street and loved the style of a home and had no idea how to reference it to your real estate agent? The front door is centered, typically without architectural decor but modern versions can have a porch or portico added to the design. But what are they?

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The title insurance industry prepares for battle

Housing Wire

A thoroughly modern threat: Wire fraud. In mid-November, the Federal Bureau of Investigations released its 2022 Congressional report on business email compromise (BEC) and real estate wire fraud. The second largest age bracket was 35-44 at 19%.

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