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John Davis files racketeering suit against Gary Keller

Housing Wire

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers.

Contracts 397
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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. Both require a skill.

Appraisal 302
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Too many appraisers? – APPRAISAL TODAY.

Appraisal 309
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Who Needs Appraiser’s When One Has Cash?

Cleveland Appraisal Blog

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. If a homeowner hires the appraiser to appraise a home, the appraiser’s legal duty is to the homeowner, since they are the ones who hired the appraiser. . MULTIPLE BIDS.

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12 Questions to Ask Your Real Estate Agent

PennyMac

Many of them have had great training and even specialized experience working for seasoned Realtors®. Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business.

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Appraising Historical Homes

Appraisal Today

Get the relevant date of value from the client or client’s attorney. The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). Many started their own businesses.

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What Is an Appraisal Contingency and Why Does It Matter?

AmeriMac

A home appraiser is someone who has been both licensed and trained who physically visits the property in question. Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value. What Is an Appraisal Contingency?