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. – Birmingham Appraisal Blog.

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Agents Appraisal Renovations Development 378

Cleveland Appraisal Blog

JUNE 10, 2021

A couple of weeks ago, a homeowner hired me to appraise a four-unit apartment because they want to sell it, and needed to know the market value of the property, to know how much to sell it for. I view my card as a great way to advertise my real estate services. Just kidding agents! So, they may call me. www.anchor.fm/cash-appraiserstats.com.

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Business Advertising Appraisal Real Estate 273

Appraisal Hub

MAY 5, 2024

Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 87

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 266

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Real Estate Agent Real Estate Agents Appraisal 85

Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. You can also listen right here at Cleveland Appraisal Blog! – Real Estate Decoded.

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Appraisal Real Estate Real Estate Agent Loan Conditions 224

Cleveland Appraisal Blog

JANUARY 13, 2022

By the way, if you’re a real estate agent, you no doubt have experienced these same issues with some that you work with or work for. Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. This does not happen all of the time.

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Appraisal Inspection Clients Real Estate 221

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Although you probably won’t be able to sell your home at its actual market value, you will also save a lot of time and money. Thanks so much for reading the articles at the Cleveland Appraisal Blog!

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Renovations Buyers Appraisal Investing 221

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent 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 real estate agent?

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Real Estate Agent Real Estate Agents Sellers 69

DW Slater Company

FEBRUARY 23, 2023

Closely studying our markets is very crucial in understanding current market value for appraisers. Not every market is the same. Each specific market is different. As we enter the spring market, which is typically when things begin to heat up, we will see what happens.

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Inventory Marketing Supply Chain Appraisal 133

Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability.

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Appraisal Training Contracts Mortgage 91

Birmingham Appraisal

JANUARY 29, 2025

Whether its for a legal case or determining fair market value for an estate, these appraisers are just as important in providing accurate and reliable valuations. The post Appraisal 101: Key Facts You Might Not Know appeared first on Birmingham Appraisal Blog.

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Appraisal Appraisal Process Valuation Buyers 63

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Appraisal HOA Easement Valuation 132

Birmingham Appraisal

NOVEMBER 20, 2024

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.

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Real Estate Appraisal Inspection Contracts 91

Birmingham Appraisal

MAY 1, 2024

While an appraiser can provide you with the value of the house after the improvements are made a real estate agent would probably be the best person to speak with about current design and fashion trends. Agents speak with buyers every day and have a pulse on what is currently in style.

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Renovations Appraisal Real Estate Agent Construction 88

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? Are you a cross your fingers type of listing agent when it comes to appraisals?

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Real Estate Agent Real Estate Clients Agents 94

Listing Spark

JANUARY 5, 2025

In this blog post, well go over the pros and cons of selling as-is in Texas. Well discuss these throughout this blog post. Pricing Strategies for an As-Is Sale Pricing a home for an as-is sale in Texas requires careful consideration of the propertys condition, location, and market value.

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Inspection Sellers Real Estate Agent Contracts 36

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.

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Appraisal Real Estate Real Estate Agent Contracts 85

Birmingham Appraisal

DECEMBER 5, 2023

As a seasoned residential real estate appraiser with three decades of experience, I’ve witnessed firsthand how a pre-listing appraisal can be a game-changer. In this blog post, I’ll delve into the benefits it can offer, providing you with insights that can significantly enhance your ability to sell that stubborn property.

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Appraisal Real Estate Agent Real Estate Market Value 66

Appraisal Partners Blog

OCTOBER 20, 2019

If you haven’t already gathered from the earlier portion of this blog post, some real estate professionals will suggest a list price based solely on price per square foot. An agent may not have the time or ability to perform an in depth analysis of your home and its unique features.

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Real Estate Agent Real Estate Market Value Appraisal 78

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 95

Appraisal Partners Blog

SEPTEMBER 24, 2024

These factors can affect its market value. A well-maintained or updated home may hold more value. This information helps the agent compare the home to others accurately. By matching it with similar homes, they can effectively estimate the property’s market value. It also involves studying market trends.

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Home Value Marketing Market Value Sellers 78

Appraisal Partners Blog

FEBRUARY 18, 2025

Understanding the Appraisal Gap A low appraisal means the independent appraiser has determined the fair market value of the property is less than the price the buyer and seller agreed upon. Property Condition Issues: The appraiser might identify significant repair needs or maintenance issues that negatively impact the value.

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Sellers Buyers Appraisal Real Estate Agent 78

Birmingham Appraisal

MARCH 26, 2025

Pricing a listing correctly is one of the most critical skills a real estate agent can develop. List a home too high, and it sits on the market, developing a stigma that can lead to lowball offers. Appraisers prioritize: Arms length transactions Sales between unrelated parties at market value.

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Agents Appraisal Reconsideration of Value Real Estate Agent 58

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. The appraiser is given the contact information, which is usually the real estate agents involved, to schedule the appointment and gain access to the property.

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Appraisal Inspection Appraisal Process Real Estate Agent 98

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Whenever an appraisal waiver is used a traditional appraisal is not utilized to determine the market value of the assets the bank will be lending on.

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Realtors Appraisal Market Value Real Estate Agent 87

D Fritz Appraisals

SEPTEMBER 19, 2019

The following blog post explores why this is. A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. There are online home value estimation tools for homeowners, realtors, and also for banks.

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Home Value Appraisal Real Estate Agent Tools 78

Birmingham Appraisal

SEPTEMBER 17, 2024

.” It’s one of the most important factors when evaluating a property’s value, yet it’s often misunderstood or overlooked during the Comparative Market Analysis (CMA) process. I thought I would take time today to explain why real estate agents should consider location differences when pricing a listing.

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Agents Real Estate Agent Real Estate Appraisal 62

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

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Appraisal Real Estate Agent Contracts Real Estate 90

Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc. Subscribe now!

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Appraisal Inspection HOA Real Estate 78

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.

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Appraisal Inspection Real Estate Agent Market Value 84

Birmingham Appraisal

AUGUST 8, 2023

Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. Set it too low, and you may lose out on the true value of your property. If you liked this post subscribe by email (or RSS feed ).

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Appraisal Buyers Real Estate Investing 84

Will Springer Realtor

FEBRUARY 27, 2024

One scheme growing in popularity involves “title pirates,” fake sellers who convince a buyer, real estate agent and/or title company that the “sellers” own a property and want to get rid of it quickly. Deepfake technology can even impersonate real estate agents, landlords, lenders or consumers.

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Real Estate Sellers Real Estate Agent Technology 62

Eppraisal

JUNE 20, 2023

In the first blog of our series, we covered the basics of preparing yourself for buying your first home. Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home.

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Real Estate Agent Open Houses Real Estate Inspection 36

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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Appraisal Construction Contracts Architecture 86

Premier Home Appraisal Blog

MARCH 6, 2023

Talk to your real estate agent: Your real estate agent can provide valuable information on local home appraisers who are reputable and reliable. This ensures that they are qualified to accurately assess your property’s worth and make a fair estimate of its market value.

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Appraisal Real Estate Agent Real Estate Market Value 52