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Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.
I often get asked by agents about the best way to find comparable sales when pricing a listing. Agents and appraisers are not that different in their desire to determine an accurate marketvalue for a property. The quality of local schools is a significant factor influencing property values.
In typical real estate markets, a seller should receive at least one offer within the first two weeks of listing the home. You hired the agent who recommended the highest price It’s not necessarily wise to go with the REALTOR® who said to list your home for the highest number. Consider the Price Brackets. Final Thoughts.
In typical real estate markets, a seller should receive at least one offer within the first two weeks of listing the home. You hired the agent who recommended the highest price It’s not necessarily wise to go with the REALTOR who said to list your home for the highest number. Consider the Price Brackets. Final Thoughts.
In a typical real estate market, a seller should receive at least one offer within the first two weeks of listing the home. You hired the agent who recommended the highest price It’s not necessarily wise to go with the REALTOR® who said to list your home for the highest number. They are absolutely right.
The market area that the property is located in can definatley support the price but does the price truely reflect the marketvalue of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? They are, after all, real transactions that have taken place within the market.
In typical real estate markets, a seller should receive at least one offer within the first two weeks of listing the home. You hired the agent who recommended the highest price It’s not necessarily wise to go with the REALTOR® who said to list your home for the highest number.
You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.
I was asked a question recently by an agent who was having problems finding comps. Then, we put all this information together to come up with our professional opinion of the marketvalue. What is bracketing and why should Realtors do it? All three approaches are not always used but depend on the property itself.
I was asked a question recently by an agent who was having problems finding comps. Then, we put all this information together to come up with our professional opinion of the marketvalue. What is bracketing and why should Realtors do it? 4 Things an agent should do before they offer comps to the appraiser
Pricing Challenges The decrease in house size for new construction can present a challenge to both agents and appraisers when attempting to determine a property’s marketvalue. Effectively bracketing the comparable sales used will give you the most accurate indication of value.
For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal marketvalue minus cost to cure equals as-is value.” Appraisers sought to bracket the subject using three comparable sales. What it won’t need to be is a state-licensed appraiser.
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