Padove Appraisal Service

FEBRUARY 24, 2023

There are several reasons why someone may want to get a real estate appraisal: Buying or selling a property: If you are buying or selling a property, an appraisal can help determine its fair market value, which can be useful in negotiations and setting a listing price.

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Appraisal Property Taxes Insurance Market Value 148

Empire Appraisal Group

OCTOBER 19, 2023

Getting your home appraised before listing it for sale is a wise decision that can benefit both sellers and buyers in the real estate market. This helps you set a realistic and competitive asking price for your property, increasing the likelihood of attracting potential buyers. This can reduce stress during the selling process.

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Appraisal Real Estate Sellers Buyers 78

Cleveland Appraisal Blog

DECEMBER 10, 2022

As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt. I can tell you that some buyers will certainly agree with these points! Potential buyers may be put off by a home that is carpeted from floor to ceiling.

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Appraisal Buyers Renovations Investing 298

Birmingham Appraisal

DECEMBER 5, 2023

Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers. To break through this barrier, real estate agents need a fresh perspective and a solid understanding of the property’s true market value.

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Appraisal Real Estate Agent Real Estate Market Value 61

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. Additionally, smells cannot be detected with online tools.

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Buyers Property Taxes Inspection Market Value 243

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” -via

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Real Estate Agent Real Estate Sellers Realtors 73

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 77

McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?

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Appraisal Market Value Investors Buyers 84

Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This

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Marketing Real Estate Agent Real Estate Valuation 69

Housing Wire

DECEMBER 16, 2021

Public health officials note that we have many more tools to address this latest — and likely not the last — challenge. More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances. The encouraging news?

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Marketing Mortgage Supply Chain Inventory 454

Eppraisal

MAY 19, 2023

AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. They can provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

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Real Estate Agent Real Estate Agents Inspection 36

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. 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.

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Agents Appraisal Real Estate Agent Bracketing 86

McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

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Investing Real Estate Real Estate Agent Realtors 87

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. In the graphic to the right, you can see this more clearly.

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Bracketing Marketing Sellers Buyers 64

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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Contracts Appraisal Market Value Real Estate 64

McKissock

MARCH 22, 2022

You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Assess the perceived value by buyers. Just be sure to state in your report that you found the comps in another competing market. Account for future savings.

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Appraisal Design Appraisal Process Market Value 90

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

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Real Estate Agent Inspection Real Estate Agents 36

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

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Home Value Appraisal Real Estate Agent Tools 78

Birmingham Appraisal

DECEMBER 7, 2022

The lower interest rates helped people get off the fence to buy a home but with a large number of buyers and a limited supply of homes prices had nowhere to go but up. The best way to save money on energy is to take advantage of all available tools. One of these tools includes an energy audit.

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Property Taxes Appraisal Tools Insurance 86

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. CMA reports are simple and effective tools. More on that later.

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Marketing Real Estate Agent Clients Tools 402

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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Housing Market Bracketing Marketing Sellers 65

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Appraisal Appraisal Process Valuation Real Estate 36

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

(MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. Typically, we use statistical tools to measure these differences.

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Agents Appraisal Renovations Development 374

Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Market Value Valuation 36

Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. What just happened? 3) Bargaining—I can fix this! It’s not fair.

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Appraisal Reconsideration of Value Agents Market Value 78

Listing Spark

FEBRUARY 9, 2023

A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage.

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Appraisal Sellers Market Value Contracts 36

AmeriMac

JANUARY 19, 2021

However, the buyer or anyone paying for the appraisal can request a copy of it. One more effective way to increase your home’s market value is to compare it with similar ones and highlight the benefits of your property. Moreover, the seller and buyer may split the cost between themselves.

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Appraisal Real Estate Agent Market Value Real Estate 36

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

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Bracketing Sellers Buyers Inventory 68

PennyMac

JULY 20, 2021

She encourages buyers to make sure that the agent they choose has the necessary experience to guide them through anything they may encounter. If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry. How many are sellers?

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Real Estate Agent Real Estate Agents Sellers 69

Padove Appraisal Service

FEBRUARY 6, 2018

After the negotiation process has been completed, buyers and sellers have repeatedly agreed on that price for similar homes. Most buyers are motivated to purchase at the lowest price possible, while sellers are looking for the highest possible sale price. The final negotiated sale price reflects those market forces in action.

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Real Estate Appraisal Sellers Market Value 78

Simonson Real Estate

OCTOBER 23, 2020

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Regional Analysis is Relevant.

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Appraisal Retail Tenants Real Estate 143

Appraisal Partners Blog

NOVEMBER 27, 2019

Why do I need one as a cash buyer? Many people make the mistake of not determining the value of their home, or even find out after an offer has been accepted. The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. Purchasing a property is a rollercoaster of highs and lows!

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Appraisal Sellers Realtors Investing 78

Rowe Appraisal Group

MAY 6, 2020

Some of you may even had multiple offers with most of them were even above the appraised value. You are thinking to yourself, “If I have 4 different buyers willing to pay $400,000, how could the appraiser say that it is only worth $390,000?” Well, there is nothing wrong with that logic. Absolutely they are! Or maybe both.

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Realtors Appraisal Contracts Real Estate Agent 36

Rowe Appraisal Group

MAY 6, 2020

Some of you may even had multiple offers with most of them were even above the appraised value. You are thinking to yourself, “If I have 4 different buyers willing to pay $400,000, how could the appraiser say that it is only worth $390,000?” Well, there is nothing wrong with that logic. Absolutely they are! Or maybe both.

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Realtors Appraisal Contracts Real Estate Agent 36

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In home valuation language they are trying to buy under improvements for the neighborhood, which are usually a good deal, and below market value, but then there is the second half. A “dream home'“ is often code for “over improvement for the neighborhood,” and typically see lower market values compared to their costs.

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Renovations Market Value Valuation Appraisal 46

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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Appraisal Appraisal Process Real Estate Training 36

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns. Click Here.

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Appraisal Appraisal Process Real Estate Training 36