Blog Bracketing Contracts 
Appraisal Buzz
DECEMBER 9, 2024
Market Condition Adjustments Illustration Fannie Mae guidelines emphasize that adjustments made to comparable sales are based on market changes between the contract date of the comparable sales and the effective date of the appraisal. This is shorthand that every experienced appraiser knows and understands please dont @ me.
Birmingham Appraisal
APRIL 11, 2023
If agents can use the same techniques an appraiser uses the likelihood of there being a big discrepancy between the contract price and appraisal is reduced. 3) Use bracketing when choosing comps- The technique of using sales that are larger and smaller than the home you are pricing is referred to as bracketing.
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Birmingham Appraisal
FEBRUARY 20, 2024
It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. Agents and appraisers should be choosing comparables based on the physical attributes of the property and bracketing different features of the property when possible.
Lamacchia Realty
JUNE 21, 2022
That’s because fewer homes are being placed under contract. Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Real estate websites set up their property search tools with price brackets.
Lamacchia Realty
MARCH 26, 2024
The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. Consider the Price Bracket Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home.
Birmingham Appraisal
SEPTEMBER 26, 2023
In this blog post, I’ll dive deep into what outlier sales are, why they should not be used in pricing other properties, and the potential consequences of relying on them. Overpriced listings may not accurately reflect the broader market, making it difficult for appraisers to justify the contract price.
Portland Appraisal Blog
APRIL 14, 2019
There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. 4) “Bracketing” of most major features. (No 4) Depression—that idiot appraiser killed my deal.
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