Remove Contracts Remove Inspection Remove Market Value Remove Real Estate Agent
article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

article thumbnail

The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

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.

article thumbnail

The Differences Between an Appraisal and a Home Inspection

Hank Miller Team

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In fact, some real estate agents would also benefit from a reminder about their respective roles. What is a Real Estate Appraisal?

article thumbnail

12 Questions to Ask Your Real Estate Agent

PennyMac

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

article thumbnail

Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

article thumbnail

4 Ways to Help Manage Client Expectations

McKissock

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). They should be educated on loan costs, contract fees, inspection expenses, etc.

Clients 87