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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

(Assuming they made adjustments) Did you consider any relevant market trends or economic factors when determining the property’s value? Can you provide any additional information or documentation to support your appraisal? HIGHEST AND BEST USE Appraisers also must determine the Highest and Best Use of a property.

Appraisal 302
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. This includes “opinions of real property value or price.” Documents and funds must be protected.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. Abiding by the checklist, below, will guide you in the process; thus, ensuring that each document, record, regulation, and financial information does not go unnoticed.

Investing 138
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. It is beneficial and can save time and avoid follow-up questions and scope of work revisions to identify the actual property to be appraised. Value Scenarios.

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Everything You Need to Know About the Texas Seller’s Disclosure

Hood Homes Blog

SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) In the Contract. Usually, the listing agent uploads the seller’s disclosure to the MLS with the property listing so that it is immediately available to the buyer’s agent to send to the buyer. Texas Seller’s Disclosure Law. Filling Out the Sellers Disclosure.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

It is very helpful and can save time and avoid later questions and scope of work revisions to identify the actual property to be appraised. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc. Signed lease documents, detailed rent roll, etc.