Appraisal Buzz

MARCH 25, 2024

It is the work of a therapist and their client to carefully untie those knots. Of course, this applies to the work of real estate appraisal as well. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people.

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Sellers Appraisal Real Estate Buyers 379

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. Inventory levels have an impact on property valuation, at least in the short term. Appraising real estate in a fast-changing market.

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Appraisal Marketing Real Estate Inventory 370

Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. A client must order the appraisal.

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Real Estate Appraisal Property Appraisal Inspection 78

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Real Estate Agent Real Estate Agents Appraisal 76

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

Boston Appraisal

AUGUST 17, 2023

Appraisals are often a crucial part of real estate transactions, litigations, taxes, and estate planning. In such cases, appraisals may not reflect the true market value of the property or the fair compensation for the damages. Should there be questions, it may even be necessary to challenge an appraisal.

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Clients Appraisal Market Value Property Taxes 78

Simonson Real Estate

APRIL 27, 2020

One thing that isn’t changing is our enthusiasm to deliver credible analysis for our clients while simultaneously providing guidance to our colleagues. Every day, our team has been diligently working to overcome these latest challenges and, rather than wringing our hands in fear, we’ve adapted our standard process in real-Covid-time.

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Real Estate Appraisal Valuation Clients 78

Cleveland Appraisal Blog

OCTOBER 12, 2022

While Zillow does offer some great data, occasionally, some of my clients point out home sales that they found on Zillow, that appear to be comparable to their property. In most cases, my clients looked at sales on Zillow and were of the opinion that my opinion of their property’s market value was too high.

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Market Value Appraisal Clients Marketing 334

McKissock

JUNE 27, 2021

Real estate professionals in the commercial industries know that markets can change dramatically in the course of just a few years. Some commercial real estate niches floundered and others flourished over the past year, depending on how different industries were hit by the pandemic. . growth over 2019 values.

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Real Estate Investing Retail Tenants 59

The Robert Weiler Company

APRIL 12, 2023

Challenging Your New Commercial Property Value (and Tax Rate) with a Commercial Property Reassessment During the reassessment year, final property valuations are typically set by the late fall; however, many residential and commercial property owners will receive an initial tentative valuation in the mail.

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Property Appraisal Property Taxes Real Estate Valuation 148

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. A licensed appraiser demonstrates commitment and accountability to their clients and the industry.

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Appraisal Agents Valuation Real Estate 71

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. The short answer: circle prospecting is a strategy for generating real estate leads within a specific geographic area or around a particular listing or sale through outreach — usually cold calling, but it can include other methods.

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Real Estate Tools Real Estate Agent Agents 206

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers.

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Appraisal Market Value Legal Property Appraisal 354

AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens.

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Real Estate Appraisal Valuation Clients 36

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. Some people will say that it is market value because you have a willing buyer and a willing seller. Should Outlier Sales Be Used When Pricing a Listing?

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Real Estate Agent Real Estate Clients Agents 87

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. Of course, if our clients require it, then it becomes a USPAP requirement on the assignment that we perform for them.

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Inspection Appraisal Technology Clients 369

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The appraiser also needs to be aware of the zoning regulations, city ordinances, and other restrictions that can affect the value of the property. the value opinion in an appraisal).

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Inspection Construction Appraisal Valuation 148

Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

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Appraisal Buyers Transportation Real Estate 284

Simonson Real Estate

JUNE 10, 2020

This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. Within just the past month, several clients completed appraisal reviews with no feedback for us (picture the appraiser saying YES with a silent fist bump!). Bottom Line. Contact him today!

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Real Estate Appraisal Clients Valuation 148

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. The Evolution and Purpose of Appraisal Management Companies Appraisal Management Companies (AMCs) have a relatively recent history in the real estate industry.

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Appraisal Appraisal Process Valuation Real Estate 36

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Real Estate Appraisal Valuation Loan Officers 36

East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

McKissock

MARCH 30, 2021

In 1980 I attended a new ERA Real Estate franchisee orientation in Kansas City. In my welcome tote bag was a cardboard slide rule type device called a Home-Rule ® , subtitled “Residential Real Estate Sales Price Computer.” ” How did the Home-Rule work? The Home-Rule’s credibility.

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Valuation Real Estate Appraisal Market Value 95

Appraisal Hub

JULY 22, 2020

Experts also recommend hiring someone with at least a couple of years of appraisal experience for a basic property, and at least a few years of experience for more complex real estate—such as those with unusual or unique details. Who are your other clients? What types of appraisals do you provide? Are you certified?

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Appraisal Clients Real Estate Legal 78

Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Key Language in Letter of Transmittal.

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Appraisal Retail Tenants Real Estate 143

Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. 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. The buyer typically covers the cost of the appraisal.

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Inspection Appraisal Appraisal Process Buyers 423

AmeriMac

JANUARY 15, 2024

One crucial step in the real estate process is getting a home appraisal. Understanding the Role of a Home Appraiser Before we delve into the process of finding a home appraiser, let’s first understand the role they play in the real estate industry. Are you planning to buy or sell a property?

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Appraisal Appraisal Process Valuation Real Estate 36

Boston Appraisal

JULY 6, 2023

By providing an objective assessment of the property’s market value, an appraisal can aid in dispute resolution, assist in legal arguments, and guide negotiations. The final appraisal report gives an estimated market value of the property, providing a financial baseline for negotiations, settlements, and legal arguments.

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Appraisal Legal Market Value Appraisal Process 78

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. 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.

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Agents Appraisal Real Estate Agent Bracketing 87

Real Quantum

AUGUST 12, 2022

Realquantum, the revolutionary web-native commercial real estate appraisal platform company, announced today that Canadian national appraisal and consulting firm Wernick Omura Singh has engaged Realquantum to help them streamline their commercial property valuation practice. FOR IMMEDIATE RELEASE. To learn more, visit [link].

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Valuation Transportation Real Estate Technology 36

McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

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Appraisal Marketing Market Value Development 99

Boston Appraisal

JUNE 7, 2023

Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. Let’s dig deeper into each of these and gain a better understanding of their significance in the field of real estate. It measures the potential return on investment, ignoring any debt involved.

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Real Estate Valuation Investors Investing 78

McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Within the appraisal industry, there is an ongoing discussion on identifying intangibles, ownership of intangibles, and the valuation of intangibles. Intangibles.

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Appraisal Valuation Real Estate Design 54

Will Springer Realtor

MAY 10, 2022

These are all ways people attempt to undermine real estate deals as consumers move more and more online to complete transactions – and the chances of being entangled in a cyber scam have increased along the way. If you suspect fraud, notify real estate partners. Sadly, we have covered this topic again and again and again.

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Real Estate Buyers Valuation Law 67

Cleveland Appraisal Blog

FEBRUARY 11, 2022

However, my client stated that something seemed off about the value. They were trying to low-ball the appraised value for the client. They were willing to shoot for a “low” value to advocate for their client. The market value is what it is. Photo Magic – I Hate Real Estate Podcast.

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Appraisal Market Value Clients Design 221

McKissock

AUGUST 13, 2021

That’s the real reason why—because USPAP says so. Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Questions we should ask ourselves.

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Contracts Appraisal Market Value Real Estate 64

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. We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market.

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