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Zillow Zinged

Cleveland Appraisal Blog

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. ” I wonder what would have happened if they had hired appraisers to appraise the homes they were buying, and relied upon a professional real property appraisers’ opinion of value when making their decisions?

Valuation 369
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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser. Not just annually.

Appraisal 305
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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

Appraisal 358
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How to prepare a comparative market analysis (CMA) report

Housing Wire

In this article, I’ll share the steps, what to include, what not to includes, and how to assemble a CMA report that’ll impress your clients. For buyers , it can help them determine if the property they’re interested in is priced correctly and if it is a sound purchase. CMA reports are simple and effective tools.

Marketing 435
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

This is a fair assessment of the example, but nonetheless, the balance of this article will show you some ways to support the adjustment applied, if any. Paired Sales Analysis Paired sales analysis involves identifying two or more property sales that are highly similar in every aspect except the date of sale.

Appraisal 358
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Challenges and Opportunities in Appraising Mixed-Use Developments

Boston Appraisal

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals.

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10 Appraisal Competencies Every Property Appraiser Should Master

McKissock

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Learn more in our free guide, The ROI of Professional Development for Appraisers.