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. Active listings also provide insight into current seller and buyer motivations.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions. In the process of pricing a home, comparing it to other similar-sized properties is essential.

Real Estate Agent 93

Real Estate Agent Law Real Estate Bracketing 93

Birmingham Appraisal

FEBRUARY 20, 2024

For the above reasons, it is very important for accurate valuations during the home-buying process. While the agent acts on behalf of their seller, it is important for their pricing strategy to also be based on the most up-to-date and accurate market data.

Agents 95

Agents Appraisal Real Estate Agent Bracketing 95

Birmingham Appraisal

SEPTEMBER 26, 2023

Some people will say that it is market value because you have a willing buyer and a willing seller. On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. For sellers, this can be appealing, as it may justify a higher asking price.

Real Estate Agent 94

Real Estate Agent Real Estate Clients Agents 94

Clear Capital

DECEMBER 21, 2022

Revision requests to correct errors in the appraisal report cause many downstream effects, such as delaying loan decisions and closings. 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.

Appraisal 69

Appraisal Bracketing Clients Market Value 69