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What AVMs can and can’t do in the appraisal process

Housing Wire

Appraisals often include details such as a pool, solar panels, landscaping, patio, casita, barn, detached garage with an office above, and other things that may contribute to real estate value. Appraisals outline the housing trends for particular markets. AVMs do not account for upgrades or renovations.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal?

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What Appraisers Wish Real Estate Agents Understood

Appraisal Today

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Commercial Appraisal: Understanding the Basics

AmeriMac

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. Additionally, we will provide some valuable tips on how to increase the value of your property before a commercial appraisal and what to consider when choosing a commercial real estate appraiser.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

Commercial real estate appraisals are an integral part of buying or selling commercial properties. These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area.

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Tools To Support Appraisal Adjustments

Appraisal Today

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” It’s important to understand the difference between updates and renovations.

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The Necessity of a Commercial Engagement Letter

Dart Appraisal

Engagement letters are traditionally used by certain professional service firms, particularly in finance, accounting, law, real estate appraisal, and consulting, to define the specifics of the business relationship, or in the case of an appraisal – the assignment expectations. Planned renovations?