Cleveland Appraisal Blog

MARCH 30, 2021

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. However, they are stuck in the middle, trying to please their clients, and at the same time navigate multiple bids and everything that goes with that.

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Housing Market Marketing Reconsideration of Value Appraisal 368

Appraisal Buzz

DECEMBER 9, 2024

Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%. Brents graphics are seen in Figure 8.

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Appraisal Marketing Valuation Tools 358

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

They were one of the original forms of animation according to that article. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. Is there anything about the improvements that would positively or negatively impact its market value?

Appraisal 346

Appraisal Market Value Development Clients 346

Cleveland Appraisal Blog

JULY 6, 2022

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. Last month, I was on the phone with an attorney for the opposing side, trying to coordinate a time with their client to schedule the appraisal inspection of the marital home in a divorce case.

Inspection 374

Inspection Appraisal Technology Clients 374

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers. Click here to visit their website.

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Appraisal Market Value Legal Property Appraisal 358

Housing Wire

APRIL 8, 2021

The increased market size Wells refers to is best demonstrated in the third-party buyer sales rate for foreclosures brought to auction on the Auction.com platform compared to the overall market. The maximum allowable credit bid at foreclosure auction is the amount of total debt owed on the defaulted mortgage.

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Retail Market Value Marketing Investors 459

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. All three are market-based approaches.

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Appraisal Real Estate Agent Real Estate Valuation 305

McKissock

DECEMBER 14, 2021

On the way he needed to drop off an appraisal report to a lender client. He handed the report to his client who quickly turned to the bottom of page two, and said: “Wow Ben, I was sure this one would have come in at least $20,000 higher.” So, it’s that darned old market that determines what the market value is.

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Market Value Marketing Property Appraisal Appraisal 80

Cleveland Appraisal Blog

FEBRUARY 11, 2022

However, my client stated that something seemed off about the value. They were trying to low-ball the appraised value for the client. They were willing to shoot for a “low” value to advocate for their client. The market value is what it is. Here’s an example. Don’t get me wrong.

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Appraisal Market Value Clients Design 221

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. Lenders are not value experts.

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Appraisal Development Valuation Market Value 342

Cleveland Appraisal Blog

JUNE 10, 2021

I have read this from various sources including the article “One Onion Ring Ends Up In Every Burger King Order of Fries” , from the SouthFloridaReporter.com. Another article at brobible, entitled “10 things you probably didn’t know about onion rings” , mentions the same thing. So, they may call me.

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Business Advertising Appraisal Real Estate 273

Housing Wire

AUGUST 3, 2023

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.”

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Real Estate Agent Real Estate Agents Tools 370

Housing Wire

FEBRUARY 10, 2025

My checklist includes simple and repeatable step-by-step instructions for preparing for your open house, networking strategies that actually work and follow-up tips to turn leads into clients. Underpriced or unique listings are ideal candidates for open houses, but look for listings that align with your market niche. Short on time?

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Open Houses Agents Real Estate Property Taxes 285

Cleveland Appraisal Blog

JULY 22, 2021

So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. I hope that you find his article beneficial. A roof improvement can also raise the home’s appraisal value if you ever decide to sell in the future. 4 Home Repairs You Need to Hand Over to a Professional.

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Renovations Appraisal Home Improvement Client Relationships 243

McKissock

JULY 6, 2022

The reality, however, is many agents struggle to properly set and manage the client’s expectations of how the chaos is going to work and how the process is going to play out. Managing client expectations is critical, and sadly, often overlooked as part of the agent/client relationship. Click here to read the full article.

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Clients Real Estate Contracts Real Estate Agent 87

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. To “think outside of the box” when valuing a property.

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Inventory Market Value Appraisal Contracts 243

Cleveland Appraisal Blog

JANUARY 13, 2022

In this article, I am going to focus on the dangers that skepticism can have on an appraiser’s thinking. Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. If we make an adjustment, we must have some support behind it.

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Appraisal Inspection Clients Real Estate 221

Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. It depends on who the primary market for that home is!

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Appraisal Transportation Buyers Property Appraisal 288

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. Q: “What are methods to determine the value of my home?”. Q: “What factors can influence the value of my home?”.

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Clients Advertising Real Estate Market Value 84

Cleveland Appraisal Blog

FEBRUARY 17, 2021

If a home needs major repairs, clearly this can have a negative impact on market value. Therefore, if a home is in need of some major repairs, it may be worth having an appraisal completed to see if the market value of the home is lower than the assessed value. Thankfully, my clients have always done so.

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Appraisal Clients Inspection Market Value 219

McKissock

MARCH 1, 2021

She approaches real estate the same way she approached her healthcare work: ensuring that, from start to finish, whether buying or selling, her clients have a smooth transaction and achieve their goal. Q: How do your Millennial real estate clients find their way to you? A: My Millennial clients often come to me as a referral.

Real Estate 90

Real Estate Clients Real Estate Agent Renovations 90

Housing Wire

JUNE 7, 2024

To help, I’ve compiled the 11 most effective strategies that my coaching clients and I have personally used to find more listings and create inventory. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Who’s it for? Who’s it for?

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Appraisal Buzz

SEPTEMBER 20, 2021

This is the second article in a series which discusses some difficult theoretical questions with which appraisers have been confronted in a very practical way. This article will pick up where the last one left off, so you will definitely want to read Part 1 of this series before continuing.

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Sellers Appraisal Inventory Buyers 195

Housing Wire

NOVEMBER 5, 2023

In this article What is circle prospecting? It’s a method to establish and nurture relationships with both potential clients and other stakeholders within a defined area. Circle prospecting requires a combination of interpersonal skills, local market knowledge, and often, patience. Anything that provides them value.

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Real Estate Tools Real Estate Agent Agents 221

Appraiserblogs

JUNE 15, 2022

It shall be unlawful… to engage in any act or practice that violates appraisal independence… Appraisers, I have written the info below, which you may use if you desire to send to your clients and local real estate offices. The article does not stress ‘bad.’…. Low Appraised Value = Racial Bias?

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Appraisal Real Estate Clients Agents 115

McKissock

AUGUST 19, 2020

The goal is generally to garner clients that will give you repeat business—and good word of mouth. As such, the thought of ending a client relationship may seem unfathomable. However, success—for both you and your clients—depends on a solid working relationship. Reasons to end a client relationship.

Real Estate 52

Real Estate Clients Client Relationships Real Estate Agent 52

The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Second, the motivation to look at the value of a property will be for entirely different purposes.

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Real Estate Appraisal Property Appraisal Valuation 147

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The appraiser also needs to be aware of the zoning regulations, city ordinances, and other restrictions that can affect the value of the property. The report must be signed and dated by the appraiser in order to be used by the client.

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Inspection Appraisal Construction Valuation 148

Simonson Real Estate

OCTOBER 23, 2020

COVID-19 Market Analysis – Insights and Impact Analysis. COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date.

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Appraisal Retail Tenants Real Estate 143

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! The goal of this article is to help lenders, banks reviewers and appraisers. We believe it’s important for appraisers to communicate with their clients to avoid surprises and ensure the appraisal process is as smooth as possible.

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Appraisal Process Real Estate Appraisal Renovations 78

McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

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Appraisal Marketing Market Value Development 99

Cleveland Appraisal Blog

MARCH 18, 2021

My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal. My research and analysis showed that the buyer was about to spend a much higher price than the true market value of this home. The appraiser’s work is not to change markets, it is to reflect them.

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Appraisal Investors Market Value Contracts 195

Appraisal Today

AUGUST 30, 2024

August 30, 2024 What’s in This Newsletter (In Order, Scroll Down) New AMC client. Enhanced Reports Another appraiser leveraged AI tools to generate detailed market analysis reports. Again, I ask, does contract price equal market value? Further, should contract price be the metric by which appraisal values are measured?

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Appraisal Contracts Architecture Mortgage 80

McKissock

OCTOBER 12, 2021

Read the full article here. Read the full article here. In this piece, NAR recommends three best practices that real estate professionals should implement to reduce their cybersecurity risks and protect their real estate clients. Read the full article here. Read the full article here. Industry News.

Real Estate 52

Real Estate Real Estate Agent Agents Clients 52

Appraisal Today

APRIL 1, 2023

I tend to put a similar amount of effort into the communication side for all clients, and like to think that my work product is solid. You could send a link to this article to a Very Picky or Very Supportive reviewer.> Get the relevant date of value from the client or the client’s attorney. ” 5.

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Clients Appraisal Contracts Business 52

Simonson Real Estate

APRIL 27, 2020

One thing that isn’t changing is our enthusiasm to deliver credible analysis for our clients while simultaneously providing guidance to our colleagues. By addressing the key areas that now take on heightened importance in current appraisal reports, Appraisers can stay relevant and viable in this ever-changing market.

Real Estate 78

Real Estate Appraisal Valuation Clients 78

Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. A property appraisal can also empower CPAs and other financial advisors to provide sound advice and guidance to their clients who are going through a divorce.

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Appraisal Property Appraisal Inspection Legal 78