Remove Buyers Remove Download Remove Inspection Remove Property Appraisal
article thumbnail

How to Become a Property Appraiser

McKissock

Keep reading for insights on the appraisal profession, how to become a property appraiser, and, finally, how to maintain your license and grow your career. What’s it like to be an appraiser? Every piece of real property, from a two-bedroom condo to a 500-acre farm, has a value. It’s up to you. Did you know?

article thumbnail

What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. For example: I had an assignment to appraise a 3,500 sq. Free Download: Ready to launch your appraisal career?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “The amount of knowledge, continued education and diligence it truly takes to provide an excellent work product for the property appraisal.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “How value is derived.”

article thumbnail

Mortgage Term Glossary

Assurance Financial

During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. The appraisal can be more than the price of the house or it can be less. If the buyer backs out of the sale, the seller gets to keep the earnest money.

article thumbnail

How to prepare a comparative market analysis (CMA) report

Housing Wire

A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike. Download to multiple formats.

Marketing 405
article thumbnail

2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

“While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Free download: Are you investing in yourself and your appraisal career? Major unknowns in the coming year.