Appraisal Buzz

DECEMBER 9, 2024

Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends. 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.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Birmingham Appraisal

MARCH 26, 2024

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. Then, we put all this information together to come up with our professional opinion of the market value.

Construction 88

Construction Appraisal Process Appraisal Bracketing 88

Birmingham Appraisal

MARCH 26, 2024

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. Then, we put all this information together to come up with our professional opinion of the market value.

Construction 80

Construction Appraisal Appraisal Process Bracketing 80

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. If it does not, and the property is overpriced, then the property may sit on the market for an extended period of time.

Agents 95

Agents Appraisal Real Estate Agent Bracketing 95

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.

Market Value 94

Market Value Agents Appraisal Bracketing 94

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? Related posts: What is bracketing and why should Realtors do it?

Real Estate Agent 94

Real Estate Agent Real Estate Clients Agents 94

Clear Capital

DECEMBER 21, 2022

Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process. By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors.

Appraisal 69

Appraisal Bracketing Clients Market Value 69