Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. CMA reports are simple and effective tools. More on that later.

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Marketing Real Estate Agent Clients Tools 435

Housing Wire

NOVEMBER 5, 2023

In this article What is circle prospecting? 8 circle prospecting ideas — a deep dive 8 effective circle prospecting scripts 9 pro tips for expert-level circle prospecting 3 circle prospecting tools What is circle prospecting? There are numerous tech tools available to agents to help with prospecting.

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Appraisal Buzz

AUGUST 26, 2024

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Read all these articles and more in the latest edition HERE. Consider this example: If the remaining economic life is extracted from the market at 42 years, and economic life is 60 years, 42/60 = 70% of cost is market value.

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Valuation Appraisal Marketing Market Value 369

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Satellite imagery is a fantastic tool that can help see what is around a property. Additionally, smells cannot be detected with online tools. HOME VALUES AND OVER-PAYING. Some buyers are paying over market value for their homes.

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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. It’s simply a tool to create a detailed floor plan and measure a home. Here are some links to other articles I’ve enjoyed recently! What do you think?

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Inspection Appraisal Technology Clients 374

Cleveland Appraisal Blog

MARCH 25, 2023

Hopefully, this article has provided you with valuable information and insights on the best practices for choosing a commercial dumpster rental company. Since we’re on the kitchen remodeling theme in this article, here’s a video that highlights some kitchen trends for 2023. May all of your remodels be awesome!

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Supply Chain Appraisal Renovations Market Value 285

Cleveland Appraisal Blog

DECEMBER 10, 2022

I’m so sorry for the weeks I missed posting articles last month. This week, Betty White shares some things that can decrease property value. As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt.

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Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. 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. The good news is that the early adopters will thrive.

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Housing Wire

DECEMBER 16, 2021

Public health officials note that we have many more tools to address this latest — and likely not the last — challenge. More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances.

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Marketing Mortgage Supply Chain Inventory 482

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. Click here to visit their website.

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Agents Appraisal Renovations Development 378

Housing Wire

FEBRUARY 10, 2025

Underpriced or unique listings are ideal candidates for open houses, but look for listings that align with your market niche. Task 4: Market your open house Now that youre an expert on the home, its time to start marketing your open house. Real estate advice + top tech, lead gen & marketing tools delivered to your inbox.

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Housing Wire

JUNE 7, 2024

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. Don’t forget to include your contact information and a call to action such as: “Call/text me to learn about your home’s current market value.” Who’s it for?

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Real Estate Open Houses Agents Sellers 468

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. Thanks for being here!

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Appraisal Inspection Clients Real Estate 221

Appraisal Today

MAY 17, 2024

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?” Popular tools include Synapse by Spark, Solomon Adjustment Calculator, and Redstone by Bradford Technologies.

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Tools Appraisal Renovations Design 67

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence.

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Appraiserblogs

NOVEMBER 18, 2022

Spreadsheets and graphs are powerful tools for appraisers. Appraisers, this article will highlight the process I use to bring clarity to my research and analysis of ‘comparable’ properties. With proper data, and incorporated into reports, they can enhance your professionalism and decision-making ability.

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Marketing Appraisal Tools Market Value 105

Appraisal Today

AUGUST 30, 2024

Using the generative capabilities of a large language model such as ChatGPT coupled with the visioning tools, some of the narrative description of the property can be streamlined for the appraiser. Enhanced Reports Another appraiser leveraged AI tools to generate detailed market analysis reports. A friend had dense breasts.

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Appraisal Partners Blog

JANUARY 6, 2025

Appraisals are not simply a formality; they are powerful tools that provide investors with the insights necessary to make informed decisions, manage risks effectively, and maximize returns. Underselling a Property: An inaccurate appraisal can also cause an investor to sell a property for less than its actual market value.

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Simonson Real Estate

OCTOBER 23, 2020

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. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Regional Analysis is Relevant.

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Simonson Real Estate

APRIL 27, 2020

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. Together we can come out of this stronger by remaining positive and taking the actionable steps outlined in this article. Changes after the date may affect the value.

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McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000?

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Appraisal Today

AUGUST 30, 2024

Using the generative capabilities of a large language model such as ChatGPT coupled with the visioning tools, some of the narrative description of the property can be streamlined for the appraiser. Enhanced Reports Another appraiser leveraged AI tools to generate detailed market analysis reports. A friend had dense breasts.

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Appraisal Contracts Architecture Market Value 61

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. Not sure if you want to subscribe?

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McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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Contracts Appraisal Market Value Real Estate 64

McKissock

MARCH 30, 2021

” The result was the indicated “Sales Price” for real estate sales folks—or, when used by appraisers, the indicated “Market Value.” ” Mr. Herbert Lafferty copyrighted the Home-Rule device in 1979. We must adapt or we will surely be left behind.

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Valuation Real Estate Appraisal Market Value 95

McKissock

APRIL 23, 2021

Below, we’ve listed several newly-added tools available right now under the “Resources” tab in your McKissock Dashboard. The Market Value Does Not Support the Contract Price, Now What? Do you already have an Unlimited Learning Membership ? Not yet a member? Appraisal industry updates. recorded webinar).

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Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value. What are some of the fraud risks with borrower-supplied photos?

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McKissock

MARCH 22, 2022

You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. McKissock’s Certified Green Home Appraiser program—and many other relevant career tools—are included with Unlimited Learning Membership. Did you know?

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Appraisal Design Appraisal Process Market Value 90

Portland Appraisal Blog

APRIL 14, 2019

Most loans will fall under federal guidelines and use a definition for market value found on the form report workhorse of the appraisal world—the Fannie Mae 1004 Form. The lender has hired the appraiser to produce a report that conforms to the guidelines set forth by Fannie Mae—and that includes using their definition of market value.

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Appraisal Reconsideration of Value Agents Market Value 78

The Robert Weiler Company

SEPTEMBER 16, 2022

Conservation easements have become one of the country’s most popular land conservation tools. Hiring a well-established, local company to perform the Ohio conservation easement appraisal can provide peace of mind given their history and local market knowledge.) Climate Change and Conservation Easement.

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Easement Appraisal Development Property Appraisal 148

Appraisal Today

SEPTEMBER 20, 2024

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price? It is a fact.

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Appraisal Business Contracts Real Estate 77

Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value. What are some of the fraud risks with borrower-supplied photos?

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Appraisal Inspection Real Estate Agent Market Value 78

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. This is one of the best short articles on residential to commercial.

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Appraisal Today

SEPTEMBER 15, 2023

The article includes lots of marketing tips, such as how to find the lenders, they want an accurate value and full disclosures, etc. If this article helped you understand private money lending and get appraisals, it is worth the subscription price! You can do this for private money lenders also.

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Appraisal Real Estate Agent Contracts Real Estate 86

Appraisal Today

JANUARY 19, 2024

For the sake of simplicity, this article touches on merely three such biases: anchoring bias, selection bias, and confirmation bias. Despite what some highly placed authorities in the GSEs mistakenly would have us believe, the contract price, in and of itself, is not indicative of a property’s market value. I was wrong.

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Appraisal Contracts Real Estate Architecture 77

Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Visualizing Market Activity Using Graphs & Trendlines. Is the Definition of Market Value Outdated?

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Appraisal Market Value Contracts Finance 52

Appraisal Today

MAY 31, 2024

Making the shift to get rid of printed documents and handwritten notes isn’t easy at first, but by going one step at a time and relying on your appraisal software’s tools, you’ll be paperless in no time. Read this article with lots of good advice! This is by far the best article I have read on going paperless.

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