Remove Market Value Remove Real Estate Agent Remove Renovations Remove Valuation
article thumbnail

Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. “Revive Vision AI” aims to provide a more precise value assessment than traditional automated valuation models (AVM) by analyzing property photos.

article thumbnail

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

Appraisal Hub

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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

3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on.

Agents 380
article thumbnail

Real Estate Owned Appraisals: The Ultimate Guide

AmeriMac

Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process. Mortgage lenders rely on these appraisals to determine the value of fundamental estate-owned properties, directly impacting loan amounts for refinancing.

article thumbnail

How to Price Your Home for the Current Market

Eppraisal

   Property Valuation Your home value is the primary determiner of your asking price. Search real estate listing sites to find suitable candidates. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.