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AppraisalTips 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.
Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. Two things can happen with this occurs.
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. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.
Appraisers Research and Analyze The Market. Most agents in the Birmingham, Alabama market where I work are great about answering any questions I have about their listings. They must also find out everything about the comparable so that they can assess how it compares to the property that is being appraised.
About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. CoreLogic said the more typical figure for low appraisals in the U.S. housing market is 7% of all mutually accepted contracts. Home AppraisalTips for Buyers ).
11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.
Mr. Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with. Now I know what you might be thinking, appraisers don’t accept this kind of information in fear of being influenced. Let me clear up a misconception, you can provide information to the appraiser.
Appraising started in the U.S. Non Lender AppraisalTips from Appraisal Today Pluses and minuses of the many different types of non lender appraisals to help you choose what you want to do. FREE Google Business Profile – how to get on the top of searches for appraisers in your area. Website not required!!
These AppraiserTips for Home Pricing in Birmingham, AL Could Save You Thousands Correctly pricing a home is one of the most critical factors in successfully selling real estate, particularly in a dynamic market like we currently have in many parts of the country.
This doesn’t mean every property is literally worth 12% less, but I have to say the change is sizeable when looking at neighborhood comps lately and hearing feedback from real estate agents. It’s easy to fixate on the median price, but when appraising in neighborhoods my trendlines are also showing a sharp change. percent from 7.06
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