Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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Agents Appraisal Real Estate Agent Bracketing 87

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

Real Estate Agent 87

Real Estate Agent Real Estate Clients Agents 87

McKissock

JULY 27, 2021

Many survey respondents emphasized the importance of making sure your work is as detailed and well-supported as possible—by means of careful comparable selection and analysis, thorough documentation, and clear explanation of why the available comps do not support the contract price. ” “Market analysis and illustrations.”

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Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. It is important to understand home values in the areas you are looking so you have an idea of what type of homes you can afford. Be prepared to negotiate with the sellers to make the final contract a win-win.

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Appraisal Partners Blog

NOVEMBER 27, 2019

An appraisal is a professional opinion of a home’s value that is completely unbiased. Generally speaking, an appraisal is used to decide if the properties contract price is entirely appropriate; taking into consideration the features, condition, and location of the home in question. What is a home appraisal?

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Appraisal Sellers Realtors Investing 78

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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Housing Market Bracketing Marketing Sellers 65

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Recent Comparable Sales: Appraisers analyze recent sales data of comparable properties in the area to provide a market-derived opinion of value.

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Real Estate Agent Real Estate Agents Appraisal 76

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. An example of this in real estate appraisal is the purchase and sale contract. In and of itself, it is not market value. Sliding-glass doors lead out to the yard.

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Appraisal Contracts Real Estate Architecture 74

Empire Appraisal Group

JULY 1, 2021

Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. 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. 5 Appraisal Topics Every Agent Should Know.

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Agents Appraisal Real Estate Realtors 78

Realtor

OCTOBER 31, 2017

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Get another opinion.

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Appraisal Sellers Real Estate Finance 78

Realtor

OCTOBER 31, 2017

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Get another opinion.

Appraisal 78

Appraisal Sellers Real Estate Finance 78

Raleigh Realty

AUGUST 27, 2021

It lets sellers know that you are serious about purchasing their home and that you have done the work to be in good financial standing. Sellers want to know that you will be able to follow-through with the purchase of their home. You know that you are getting the house itself, but what items are the seller going to take with them?

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

PennyMac

JULY 20, 2021

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. How many are sellers?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Town & Country Residential Appraisals

JANUARY 24, 2020

If you ever experience this from an agent, feel free to call the Pennsylvania Association of Realtors and report an ethics violation by clicking here. If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here. This one is hard to understand.

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Appraisal Market Value Contracts Clients 36

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Typically, sellers don’t have access to this. If your previous appraisal was unsatisfactory, you may, with the help of a realtor, craft your unofficial appraisal.

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Appraisal Real Estate Agent Market Value Real Estate 36

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.

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Real Estate Appraisal Property Appraisal Valuation 60

Birmingham Appraisal

JANUARY 25, 2023

In this article, I would like to illustrate how a price per square foot adjustment can be calculated from recent sales so that a list price can be based on market data rather than a vague guess. This will probably reduce the number of deals that fall apart due to the variances between the contract price and appraised value.

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Agents Appraisal Contracts Buyers 77

Cleveland Appraisal Blog

MAY 13, 2021

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . THE SELLER’S VIEW.

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Houston Properties

MAY 16, 2022

A Guide to Houston's Best Ranches & Farms On The Market. The ultimate ranch and farm buyer guide from the number one Realtor in Houston! Land value (Median sales price per sq ft) has also jumped by over 25% in that period. Two of our core values are accountability and transparency. Get PDF Now. Table of Contents.

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Marketing Real Estate Buyers Realtors 36

Listing Spark

AUGUST 2, 2021

Despite this high price, Offerpad may still be a solid option for sellers who are looking to move quickly and aren’t too worried about leaving money on the table. It is important to consider that while Offerpad can lead to a quick and easy sale, home-sellers will very likely be giving up money for this convenience.

Contracts 36

Contracts Real Estate Inspection Sellers 36

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Sellers should list their homes as soon as possible to get the most for their home! As more sellers enter the market, multiple offers are expected to decrease.

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Sellers Buyers Inventory Real Estate 53

Lamacchia Realty

APRIL 15, 2022

Now all the above factors are finding a place to land, and everyone is asking: When will the market change? Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. week supply of homes on the market. That means there is a 2.5-week

Marketing 66

Marketing Sellers Buyers Inventory 66

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Marketing Strategies. What Is a Buyer’s Market?

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Marketing Sellers Buyers Real Estate 36

Listing Spark

OCTOBER 18, 2021

Originating in 2015, Opendoor promised to simplify the home selling process by giving sellers an all-cash offer for their home within 24 hours. One of the pioneers of the real estate iBuyer model, Opendoor guarantees to help home-sellers “ skip the hassle of listing, showings, and months of uncertainty.” How Does OpenDoor Work?

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Sellers Inspection Real Estate Agents 36

Lamacchia Realty

FEBRUARY 22, 2022

Prices very clearly skyrocketed in 2021 when compared to previous years, again because demand was so high and supply was so low, sellers could almost name their price. Sellers who priced according to market value, and not too high, ended up getting much more for their homes than asking as buyers competed in bidding wars.

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Inventory Sellers Buyers Real Estate 50

Clear Capital

SEPTEMBER 29, 2021

Following up on lots of the stories that have been out there in the media about potential purchase appraisal bias pertaining to race and ethnicity, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that’s lower than the contract price during purchase transactions. Kenon Chen.

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Sellers Agents Real Estate Buyers 69

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. . >> home buyers. rental-vacancy rate dropped to 5.8%

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. .

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