Boston Appraisal

AUGUST 17, 2023

In such cases, appraisals may not reflect the true market value of the property or the fair compensation for the damages. If you or your client are facing a situation where an appraisal is challenged or disputed, you need to have a solid strategy to defend or contest the appraisal.

Clients 78

Clients Appraisal Market Value Property Taxes 78

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. But what offer will the seller accept $400,000.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Job functions most likely to be impacted include sales, marketing and software engineering. Given that sales and marketing are key areas for real estate agents, generative AI will increase the probability of agents winning listings.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Appraisal Buzz

SEPTEMBER 12, 2022

Since 2020, iBuying has soared in popularity as many sellers have taken advantage since the start of the pandemic. Sellers used iBuying to bypass the lengthy aspects of the traditional homebuying process to receive cash payments in an expedited manner. What should appraisers know about the state of the iBuying market?

Supply Chain 195

Supply Chain Sellers Housing Market Appraisal 195

McKissock

AUGUST 19, 2020

The goal is generally to garner clients that will give you repeat business—and good word of mouth. As such, the thought of ending a client relationship may seem unfathomable. However, success—for both you and your clients—depends on a solid working relationship. Reasons to end a client relationship.

Real Estate 52

Real Estate Clients Client Relationships Real Estate Agent 52

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value.

Inspection 424

Inspection Appraisal Buyers Appraisal Process 424

Housing Wire

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. Fannie Mae recently announced the Value Acceptance + Property Data solution. Well, a cure for appraisal gap anxiety has appeared on the scene.

Appraisal 418

Appraisal Contracts Tools Valuation 418

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. The topic of outlier sales came to mind recently when I noticed a sale in my market that was listed between two and three million dollars. There is a difference.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Birmingham Appraisal

JUNE 7, 2023

Their expertise goes beyond helping buyers and sellers determine accurate market value. Determining Asset Values for Financial Reporting Enhancing Financial Accuracy with Appraisals Accurate financial reporting is essential for businesses and individuals alike.

Real Estate 63

Real Estate Appraisal Valuation Legal 63

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Reconsideration of Value 78

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. markets, but they’ve been steadily expanding. iBuyers aren’t active in all U.S.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

McKissock

SEPTEMBER 7, 2020

If you have a tough listing that keeps acquiring more and more days on the market, it can be frustrating for both you and your seller clients. Think about what you can do to help your sellers realize they need to either make some updates to the home or lower the price. #2: 2: Manage the process carefully.

Marketing 59

Marketing Real Estate Real Estate Agent Sellers 59

Appraisal Buzz

SEPTEMBER 20, 2021

Since market value is defined as the most probable price (with stipulations, of course), if your distribution is ‘normal’, then each of those measures will point to the same conclusion. A comparable sale is an indicator of market activity between a particular buyer and seller.

Sellers 195

Sellers Appraisal Inventory Buyers 195

Listing Spark

JULY 6, 2021

They will then offer you a below market price for your home and quickly flip your property after making some small repairs. With over 25 markets, our process is simple, fast, consistent and you make more on the sale of your home than Homevestors. How We Buy Ugly Houses Franchises. The Pros & Cons of Selling to We Buy Ugly Houses.

Sellers 36

Sellers Contracts Investors Real Estate 36

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. Successful agents create effective and accurate CMA reports that help their clients make informed decisions.

Marketing 397

Marketing Real Estate Agent Clients Tools 397

McKissock

DECEMBER 21, 2021

Choosing an unconventional method to market your luxury home can help a property spend fewer days on the market. Even in a tough market, selling a luxury home at a fair price point is possible when you think outside the box. After all, unusual homes should be marketed in unusual ways. Send out stunning property brochures.

Marketing 86

Marketing Decorating Buyers Training 86

Simonson Real Estate

JUNE 10, 2020

The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable and reasonable range of value – not too high or too low. This is good for the buyer, the seller, the lender, and the appraiser. In a bear market, appraisals tend to be scrutinized more closely (and rightfully so).

Real Estate 148

Real Estate Appraisal Clients Valuation 148

McKissock

JANUARY 31, 2023

We don’t just pull numbers out of the air—they are market supported adjustments backed by ‘many angles’ of research.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “That we research value, we do not assign it.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

APRIL 5, 2024

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. Altos considers anything above a Market Action Index of 30 to be a seller’s market.

Housing Market 406

Housing Market Marketing Inventory Agents 406

Birmingham Appraisal

FEBRUARY 20, 2024

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

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

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. ” That said, there is no clear guidance in USPAP, Secondary Market Guidelines, HUD or VA handbooks, etc. When contract prices and value often differ.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Hank Miller Team

DECEMBER 14, 2022

Home buyers and home sellers dabble in the “persuasion” arena during the purchase process as they roll through the deal. Home Sellers & Appraisers When an owner decides to list, their first move to solicit a real estate agent. Blame the market, not that the home was overpriced. More on Karen later.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

The Robert Weiler Company

OCTOBER 21, 2022

Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Hub

JANUARY 11, 2021

Property appraisal services are meant to determine a commercial property’s market value. Think of the property appraiser as a ‘property detective’ who gathers and analyzes statistics, facts, and other crucial information about the property to form opinions on its value. A client must order the appraisal.

Real Estate 78

Real Estate Appraisal Property Appraisal Inspection 78

McKissock

JANUARY 14, 2022

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. I phoned to notify my local lender client of the problem. My client never got past the foyer, cancelled the assignment, and denied the loan.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. People who are willing to spend tens of thousands more than the market will really support, seem to be speculating that things will continue as they are.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

McKissock

OCTOBER 12, 2021

That’s why we’ve teamed up with RISMedia , the leading provider of the most relevant and up-to-date information related to the residential real estate market. In this piece, NAR recommends three best practices that real estate professionals should implement to reduce their cybersecurity risks and protect their real estate clients.

Real Estate 52

Real Estate Real Estate Agent Agents Clients 52

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting. Appraisal vs Home Inspection.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

Empire Appraisal Group

JULY 1, 2021

It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. Don’t tell the appraiser your client needs a certain value, for example. How Multiple Offers Factor Into the Appraisal Process.

Agents 78

Agents Appraisal Real Estate Realtors 78

Portland Appraisal Blog

APRIL 14, 2019

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Appraisal Today

JULY 1, 2023

When I started fee appraising in 1986, my first client was a small local bank with a few nearby branches. NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. Network to build relationships.

Appraisal 86

Appraisal Contracts Market Value Mortgage 86

McKissock

JULY 27, 2021

” “Statistical analysis, market data showing superheated sales and consumer price index vs trending home affordability.” ” “Market analysis and illustrations.” ” “Make sure you have sales to support your opinion of value in your workfile. ” “Have a solid complete workfile.

Appraisal 109

Appraisal Contracts Clients Marketing 109

Houston Properties

MAY 16, 2022

A Guide to Houston's Best Ranches & Farms On The Market. Land value (Median sales price per sq ft) has also jumped by over 25% in that period. The demand is higher and there are good deals to be made both for sellers and buyers of farm and ranch-style homes. Two of our core values are accountability and transparency.

Marketing 36

Marketing Real Estate Buyers Realtors 36

Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators. A Few Basics.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78