Appraisal Process Bracketing Clients 
Appraisal Buzz
DECEMBER 9, 2024
The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process. Graphical tools also facilitate easier communication with clients and other stakeholders who may not be familiar with the technicalities of real estate appraisal.
Birmingham Appraisal
JULY 12, 2023
Elaborating on Pricing by Comparing Homes of Similar Sizes When it comes to pricing a home, comparing it to other similar-sized homes in the market is a fundamental aspect of the pricing and appraisal process. If you have any questions regarding pricing, including the bracketing method, feel free to contact me.
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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.
Birmingham Appraisal
SEPTEMBER 26, 2023
Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA). Ethical Concerns Using outlier sales to manipulate property values or cater to clients’ desires can raise ethical concerns within the real estate industy.
Clear Capital
DECEMBER 21, 2022
By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. They lose sight of this important appraisal comp selection and often do not include them in the report, which warrants a revision request from the lenders and customers.
Clear Capital
NOVEMBER 14, 2022
Proactively describe external influences and any inconsistencies a client may identify when searching online data sources. . Before submitting an appraisal report, validate your findings by double-checking with third-party agencies such as the city for zoning requirements and special assessments. Be thorough in your analysis.
Birmingham Appraisal
NOVEMBER 14, 2023
Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.
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