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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?

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Market Value: Who Says What It Is?

McKissock

Property appraisers don’t dictate what the value is. Many years ago, an appraiser friend (Ben was his name) asked me to go along on a challenging appraisal assignment to aid in data collection. On the way he needed to drop off an appraisal report to a lender client.

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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?

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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.

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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.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” Because of where buyers want to live.

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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

And although it shouldn’t, it may unintentionally influence the appraiser’s comparable selection and eventually impact a direction in value. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern? When contract prices and value often differ.

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20 Awesomely Functional Gifts for Real Estate Investors [2021]

The Robert Weiler Company

GIFTS FOR RESIDENTIAL PROPERTY INVESTORS: Looking for a great gift for house-flippers or buyers taking advantage of a housing market downswing? It also contains a members-only marketplace that encourages networking and relationship building among the industry’s top real estate buyers, sellers, and financiers.