Remove Inspection Remove Renovations Remove Tools Remove Valuation
article thumbnail

Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . This is why most automated valuation models (AVM) default to assessing “average” quality and condition.

Valuation 341
article thumbnail

How to get listings in real estate: 11 proven strategies for 2024

Housing Wire

Meet the fire department for the smoke inspection. Run home valuation social media ads Running social media ads is a great way to get in front of potential sellers quickly, efficiently, and for very little money. You’ll definitely want to partner with a company that provides property valuations, plus a lead conversion tool.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Always include your contact information and a call to action, such as an offer for a free home valuation. Great news! plus postage.

article thumbnail

Checklist to Sell a House in BC

D Fritz Appraisals

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

article thumbnail

The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

Agents 83
article thumbnail

Valuing Your Home - AVM vs. Real Estate Agent

Eppraisal

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. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

article thumbnail

The Value of an AVM as a Cog in the Wheel

Eppraisal

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. Local market knowledge, a physical inspection of the property, and personalized advice are not something an AVM provides.