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Too many realestateagents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a realestateagent.” So how can realestateagents be so cavalier about their job?
Work with a realestate professional with MLS access In non-disclosure states, the role of realestateagents becomes even more crucial. Experienced agents have access to databases, networks, and resources that can help buyers gather information about recent sales in the area.
Realestateagents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. Many of the best realestate CRMs have built-in features to segment your contacts list and automate your realestate newsletters.
When it comes to nuisance neighbors, I try to visit with realestateagents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Most agents are great to visit with about things like this and are generous with their time, at least in my experience. Explains All!
They even provide 25 RealEstate Handwritten Notes Samples on their blog, plus an AI Copy Writing Assistant to Check out Handwrytten You will also hear agents say you can send these to any neighborhood, regardless of whether you have an actual buyer. The goal in prospecting FSBO sellers is to be that agent.
Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and realestateagents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering realestateagents to navigate the appraisal process with confidence.
Realestateagents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. I had the opportunity to discuss some common questions people have about the appraisal process with Massachusetts realestateagent Kevin Vitali.
Talking to your realestateagent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. You can also listen right here at Cleveland Appraisal Blog! .
Realestateagents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for realestateagents to navigate the appraisal process effectively.
Appraisal Tips For RealEstateAgents As a realestate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the realestate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.
FINDING A GOOD REALESTATEAGENT. Realestateagents are trained and experienced at negotiating for the client to get the most out of each transaction and to ensure each step of the process is done with great attention to detail. You should do the same thing before choosing a realestateagent!
By the way, if you’re a realestateagent, you no doubt have experienced these same issues with some that you work with or work for. I know of some appraisers who do not measure the properties they appraise, even though they are expected to when making a physical observation (inspection). MEASURING.
Many homeowners and realestateagents assume that the square footage listed in public records is accurate, but thats not always the case. Appraisers follow strict guidelines that may differ from those used by tax assessors, builders, or even realestateagents. appeared first on Birmingham Appraisal Blog.
Whether you are buying or selling a home, your realestateagent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a realestateagent?
WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. A common issue that many sellers are not prepared to deal with is a buyer requesting repairs after the inspection. Before someone purchases a home, a home inspection is typically done. It’s not a secret that it has been a seller’s market for the past few years.
SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario? To Conclude.
By increasing the maximum allowable loan-to-value (LTV) ratio for full appraisal waivers from 80% to 90%, and for inspection-based appraisal waivers from 80% to 97%, the FHFA is taking a risky and potentially irresponsible step that could have far-reaching consequences. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.
Some of you may have heard about one of the originating companies, Matterport, which some realestateagents/brokers use to generate virtual 3D interior diagrams and videos used in property marketing. if you the appraiser are not required to inspect the property yourself, don’t you want to have a more detailed….
In this blog post, well go over the pros and cons of selling as-is in Texas. Well discuss these throughout this blog post. To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer.
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Tom’s blog post, as always, is top notch and has lots of good tips and suggestions for agents and homeowners alike.
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Tom’s blog post, as always, is top notch and has lots of good tips and suggestions for agents and homeowners alike.
It’s been several weeks now since I’ve blogged and to be honest I’ve missed it. Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am.
You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.
FREE REPORT : Learn how realestate professionals generate quality leads and higher income with our free Voice of the RealEstateAgent report. Sellers often get bonus points with potential buyers if they mention a recent roof inspection since it helps buyers trust they’re investing in the right home.
For example, a data collector may not be aware of the hundreds of items that an appraiser observes during an appraisal inspection. Realestateagents can also be data collectors and if they have a financial interest in the property their data may not be 100% accurate. No related posts.
I talk a lot on this blog about change. That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. This industry is seemingly in an almost constant state of change!
Beyond what you see during the appraisal inspection do you understand the appraisal process or anything about what appraisers do? The post Appraisal 101: Key Facts You Might Not Know appeared first on Birmingham Appraisal Blog. On the surface it looks like the appraiser visits your home, does some measuring, and looks around.
Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. You may also want to speak with your realestateagents about your appraisal preparation. Plot/blueprint or property survey.
AT A FLORIDA HOME INSPECTION. During the buying and selling process, a home has to undergo a home inspection. Home inspections are used to identify any issues in the home so that the buyer knows exactly what they’re getting into and the seller isn’t selling a home that’s unsafe. Do Old Electrical Panels Need to be Replaced?
Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.
Let’s explore how from the lens of David Foster, Enact’s Senior RealEstate Appraiser. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. Never miss a post by subscribing to the Enact MI Blog!
A home inspection is a part of the selling process, but you can get your own inspection prior to listing. A serious buyer will have to have their own home inspection done and they can get an estimate for repairs from that too. Hire a realestateagent to handle negotiations on your behalf.
But if you work with a realestateagent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. The bank will likely hire a local realestateagent to put it on the market. Hire An Experienced RealEstateAgent.
Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.
Perform your own initial inspection on the apartment building and surrounding property. Get a professional inspection and commercial appraisal of the apartment building before making a final decision. Make offers on several apartment buildings for sale.
One expense that is not always factored into the budget is an inspection. While researching, be sure to factor in the cost of an inspection when looking at the price tags of the commercial realestate listings. An inspection report may also give you some leverage when negotiating the property’s price.
Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between realestateagents and appraisers can be a touchy subject. On one hand, the realestateagent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.
In the often chaotic world of realestate, the appraiser-agent relationship can contribute to a smoother process. When realestateagents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.
To me, the big issue is who is doing the inspections. They included appraisers, realestateagents, and someone with a week, a month, or online video training. Using MLS photos is a joke, as realestateagents don’t take photos of defects. Inspection training was very good.
NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including realestate commissions, unusual homes, mortgage origination stats, etc. = Read on blog www.appraisaltoday.com/blog Posted by noon Friday.
Train future appraisers, collateral underwriters, AMC staff, realestateagents, and others in realestate appraisal. The training work may include consulting, teaching, blogging, writing appraisal courses, webinar presentation, mentoring, or anything else that interests you in this capacity.
” “When researching a subject property, you’ve got to have a good feel for all the time involved—how long will it take to drive to the home, inspect it, research it and complete the report? Want to contribute to our blog? Then came AMCs, which felt a lot less personal. Join the conversation!
There are many articles, blogs, and opinion papers that either support or reject bifurcated and hybrid appraisals, which contributes to a great deal of confusion. The term “desktop appraisal” is commonly understood to indicate an appraisal that is performed without the appraiser making any personal inspection of the subject property.
As a buyer, seller, or realestateagent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. The data collection is done by a third-party data collector, who could be a realestateagent or someone else. What Is A Hybrid Appraisal?
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