Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. It’s imperative that agents invest their time to properly prepare comps!

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other.

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Modernization Real Estate Agent Appraisal Process Reconsideration of Value 83

Realtor

NOVEMBER 7, 2023

Costs of buying a home #4: Inspection You want to be assured your new home is structurally sound and free of surprises such as leaks or pests living in the walls. Home inspection : This is critical for home buyers. Expect to pay $300 to $500 for a home inspection, although cost varies by location.

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Inspection Insurance Sellers Buyers 191

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Your home inspection reports. Get final mortgage approval.

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Buyers Inspection Contracts Real Estate Agent 207

Housing Wire

MAY 25, 2021

In these scenarios, no inspection or appraisal of any kind is performed on the property. But there’s growing evidence that non-appraisers can perform high-quality data collection that ultimately empowers the appraiser to focus on what they do best: analysis, research, and determining market value. Poor data visibility.

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Appraisal Valuation Real Estate Modernization 370

Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? Appraisers think about previous sales and the state of the market in your neighborhood. The appraiser will provide your home’s estimated market value in writing afterward. Thank you, Betty, for sharing some great tips to help prepare a home for an appraisal inspection.

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Appraisal Inspection Buyers Advertising 389

Town & Country Residential Appraisals

MARCH 10, 2025

Would you let your buyers purchase a home without a home inspection? Home inspections and appraisals are critical steps in the home-buying process, and most purchase agreements reflect that by making them standard contingencies. As a buyers agent, its your responsibility to help clients make informed decisions. Probably not!

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Buyers Appraisal Inspection Market Value 46

Birmingham Appraisal

MARCH 4, 2025

Heres why: When a traditional appraisal is waived, the lender determines the homes value using automated valuation models ( AVMs ) instead of an appraisers independent analysis. The lender’s valuation may aid them in the underwriting of the loan but it may not accurately reflect the market value of the home.

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Appraisal Valuation Home Value Market Value 63

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. In those cases, you or your listing agent or the buyer’s agent will need to make the home available for inspection.

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Sellers Inspection Contracts Property Taxes 138

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

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Real Estate Agent Real Estate Agents Appraisal 97

Listing Spark

JANUARY 5, 2025

The buyers inspector will be looking through every nook and cranny so its a good idea to knock out any issues likely to show up on an inspection. Find the Right Real Estate Agent Finding the right real estate agent is a crucial step in the home selling process. Or better yet, hire a handyman to do it right.

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Sellers HOA Real Estate Agent Contracts 69

Appraisal Hub

MAY 5, 2024

Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Cleveland Appraisal Blog

JANUARY 13, 2022

A homeowner or agent may appear to exaggerate information they share about a home. By the way, if you’re a real estate agent, you no doubt have experienced these same issues with some that you work with or work for. Granted, there are some types of appraisals where we do not need to measure a home, or even inspect it.

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Appraisal Inspection Clients Real Estate 221

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips 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 have also worked with hundreds of real estate agents, some of whom have a good understanding of the appraisal process and some who don’t.

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Real Estate Agent Real Estate Agents Reconsideration of Value 87

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. For some homeowners, this might be a completely legitimate option.

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Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

FEBRUARY 17, 2021

If a home needs major repairs, clearly this can have a negative impact on market value. Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. I explained why a full interior inspection is better. But they insisted on not having an interior inspection made.

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Appraisal Clients Inspection Market Value 219

Birmingham Appraisal

FEBRUARY 20, 2024

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.

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Agents Appraisal Real Estate Agent Bracketing 95

Birmingham Appraisal

NOVEMBER 20, 2024

I think it is important to revisit these inaccuracies for the benefit of new people getting into the real estate market. If you are a new agent or even a more seasoned pro and have an appraisal question please don’t hesitate to contact me, I’d be glad to chat with you and clear up any misinformation you may have heard.

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Real Estate Appraisal Inspection Contracts 91

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

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Sellers Appraisal Market Value Real Estate Agent 111

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In fact, some real estate agents would also benefit from a reminder about their respective roles. What is a Home Inspection? What is a Real Estate Appraisal?

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Inspection Appraisal Buyers Sellers 52

Cleveland Appraisal Blog

JANUARY 21, 2021

So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. It is impossible to know the impact on market value until we know if repairs are needed. Because major structural repairs have a negative impact on market value, we must take this situation seriously. .

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Appraisal Inspection Real Estate Market Value 235

Birmingham Appraisal

JUNE 21, 2023

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.

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Real Estate Agent Real Estate Agents Appraisal 85

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 98

Raleigh Realty

FEBRUARY 24, 2022

This is unlike a Real Estate Agent whose goal is to secure you the highest price possible when selling your home. The Real Estate Agent does take a fee though the best Agents usually will net you a price far higher than their commission making the return on investment more than worth it. Hefty fees Opendoor charges a 7.5

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Real Estate Agent Real Estate Sellers Inspection 113

Listing Spark

JANUARY 5, 2025

To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer. Yet, most buyers are still going to do their due diligence and get the home inspected before closing. Even if the buyer agreed to buy the property as-is.

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Inspection Sellers Real Estate Agent Contracts 36

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Appraisal Inspection Property Taxes Easement 110

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals.

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Appraisal HOA Easement Valuation 132

Birmingham Appraisal

JANUARY 29, 2025

Beyond what you see during the appraisal inspection do you understand the appraisal process or anything about what appraisers do? Whether its for a legal case or determining fair market value for an estate, these appraisers are just as important in providing accurate and reliable valuations.

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Appraisal Appraisal Process Valuation Buyers 63

D Fritz Appraisals

MAY 13, 2024

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.

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Real Estate Buyers Sellers Appraisal 122

McKissock

JULY 6, 2022

One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Most agents quickly realize that “coordinating the chaos” is a major part of their role in a given transaction. As agents, we know better.

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Clients Real Estate Contracts Real Estate Agent 87

Realtor

FEBRUARY 18, 2025

A drive-by appraisal is a streamlined method of estimating a homes market value. From an appraiser point of view, the drive-by appraisal takes less time, explains Mary Helen Marks , a licensed real estate agent and appraiser in the Phoenix Metro Area. What is a drive-by appraisal?

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Appraisal Real Estate Agent Valuation Inspection 101

Robinson Appraisal Group

JULY 18, 2019

However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another real estate appraiser.

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Appraisal Inspection Property Inspector Valuation 78

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

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Inspection Appraisal Market Value Finance 111

Appraisal Hub

MAY 17, 2023

Mistake #2: Forgetting to factor in the selling costs Most first-time home sellers think they don’t have to worry about additional expenses when selling a house, only to be surprised by closing costs, agent commissions, home inspection repairs, and staging costs.

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Inspection Property Taxes Real Estate Agent Appraisal 78