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. If you liked this post subscribe by email (or RSS feed ).

Appraisal 63

Appraisal Appraisal Process Valuation Buyers 63

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. This will help ensure a fair market value.

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Appraisal HOA Easement Valuation 132

Birmingham Appraisal

JUNE 13, 2023

This can create challenges for both agents and appraisers, especially when it comes to determining the market value of the property. As an agent, you might think that multiple offers are a clear indication of market value and that the highest offer should be accepted as such.

Real Estate Agent 87

Real Estate Agent Real Estate Agents Reconsideration of Value 87

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Maybe I need to look deeper at the current market conditions. Or maybe both.

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Realtors Appraisal Contracts Real Estate Agent 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Maybe I need to look deeper at the current market conditions. Or maybe both.

Realtors 36

Realtors Appraisal Contracts Real Estate Agent 36

Birmingham Appraisal

JUNE 11, 2024

Marketing Appraisals: Setting the Right Price from the Start What is it? A marketing appraisal is conducted before a home is listed for sale, either by the owner or a realtor. This can attract serious buyers and prevent prolonged market time. Cost does not always equal value.

Appraisal 88

Appraisal Property Taxes Valuation Real Estate 88

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. Today I thought I would share the search criteria I use and the reasons for each of them.

Market Value 94

Market Value Agents Appraisal Bracketing 94

Appraisal Partners Blog

DECEMBER 2, 2019

When one of our expert appraisers perform a current market value appraisal, you can be confident you’re listing your home in the right price range. But Can’t My Realtor Determine My Home’s Value? A realtor’s job is to sell your home in as timely a manner as possible.

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Appraisal Realtors Real Estate Agent Inspection 78

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value.

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Appraisal Valuation Real Estate Market Value 78

Birmingham Appraisal

MARCH 26, 2024

Then, we put all this information together to come up with our professional opinion of the market value. The three approaches to value that are available for the appraiser to use are the cost approach, sales comparison approach, and income approach to value. appeared first on Birmingham Appraisal Blog.

Construction 88

Construction Appraisal Process Appraisal Bracketing 88

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. Never miss a post by subscribing to the Enact MI Blog! We’ll send you our most up-to-date topics right into your inbox.

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Appraisal Inspection HOA Real Estate 78

Birmingham Appraisal

DECEMBER 5, 2023

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. Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers.

Appraisal 66

Appraisal Real Estate Agent Real Estate Market Value 66

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.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

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? Related posts: What is bracketing and why should Realtors do it?

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Real Estate Agent Real Estate Clients Agents 94

Raleigh Realty

FEBRUARY 19, 2022

A home appraisal determines the fair market value of a home. The seller at one point was going to pay your closing fees or realtor fees. In fact, the National Association of Realtors indicated that roughly 18 of real estate contract delays come from appraisal issues, second only to financing issues.

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Appraisal Process Appraisal Construction Sellers 139

Birmingham Appraisal

MARCH 26, 2024

Then, we put all this information together to come up with our professional opinion of the market value. The three approaches to value that are available for the appraiser to use are the cost approach, sales comparison approach, and income approach to value. appeared first on Birmingham Appraisal Blog.

Construction 80

Construction Appraisal Appraisal Process Bracketing 80

DataMaster

APRIL 15, 2021

That’s a big range, likely caused by the type of properties the appraisers focused on (that would be another interesting blog post!) The hardest part about appraising is another subject that could be a whole other blog post! Another appraiser reported: I have a distaste for arguing with homeowners/realtors about value.

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Appraisal Inspection Real Estate Business 97

Birmingham Appraisal

MARCH 26, 2025

Appraisers prioritize: Arms length transactions Sales between unrelated parties at market value. Excluding distress sales Foreclosures, short sales, and estate sales often dont reflect true market value. Private or Off-Market Sales They can be used, however, the terms of sale should be verified.

Agents 58

Agents Appraisal Reconsideration of Value Real Estate Agent 58

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. I discussed this process in a previous blog post which you can read HERE. If you liked this post subscribe by email (or RSS feed ).

Agents 95

Agents Appraisal Real Estate Agent Bracketing 95

Appraisal Partners Blog

NOVEMBER 27, 2019

Many people make the mistake of not determining the value of their home, or even find out after an offer has been accepted. While many opt for a realtor, a realtor will, of course, receive monetary gain if you are purchasing via a seller paid commission. A professional appraisal report can help you to gain just that!

Appraisal 78

Appraisal Sellers Realtors Valuation 78

Lamacchia Realty

SEPTEMBER 13, 2022

These days, buyers have access to the same information as REALTORS and are not fooled by an overpriced home; they will typically steer away from it if they believe the price is too high. When inventory is low, sellers typically sell for more as explained in our blog about how sellers should list in the Winter to sell for the most money.

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Inventory Sellers Agents Buyers 74

Birmingham Appraisal

JUNE 19, 2024

Real-Life Applications of Confidentiality in Appraisal Let’s consider a few scenarios where confidentiality plays a critical role in the appraisal process: Mortgage Refinancing- When refinancing your mortgage, the lender will require an appraisal to determine the current market value of your property.

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Appraisal Appraisal Process Clients Real Estate 83

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

Real Estate Agent 85

Real Estate Agent Real Estate Agents Appraisal 85

Lamacchia Realty

OCTOBER 13, 2022

Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. Market value is determined by sales, not the high hopes of a seller. The market has continually changed in most cases from when the property closed to when the comps are pulled. Time and Comps.

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Marketing Sellers Buyers Market Value 74

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. In and of itself, it is not market value. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. baths, 5,550 sq.ft.,

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Appraisal Contracts Real Estate Architecture 77

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. Location factors can significantly impact market value due to various economic, social, and environmental variables.

Agents 62

Agents Real Estate Agent Real Estate Appraisal 62

Lamacchia Realty

AUGUST 3, 2021

Homes are essentially flying off the shelves this year, so if a home sits on the market without much interest, at some point you have to consider improving the price. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money. Consider the Price Brackets.

Bracketing 69

Bracketing Sellers Buyers Inventory 69

DataMaster

APRIL 15, 2021

That’s a big range, likely caused by the type of properties the appraisers focused on (that would be another interesting blog post!) The hardest part about appraising is another subject that could be a whole other blog post! Keven Another appraiser reported: I have a distaste for arguing with homeowners/realtors about value.

Appraisal 78

Appraisal Inspection Real Estate Business 78

DataMaster

APRIL 15, 2021

That’s a big range, likely caused by the type of properties the appraisers focused on (that would be another interesting blog post!) The hardest part about appraising is another subject that could be a whole other blog post! Another appraiser reported: I have a distaste for arguing with homeowners/realtors about value.

Appraisal 78

Appraisal Inspection Real Estate Business 78

Birmingham Appraisal

AUGUST 23, 2022

Are you curious about the market value of your home? Most people only look at price per square foot, however, as you can see from our discussion there are many other factors that affect the market value of a home. I Can Help Birmingham, AL Realtors With Their Sales Meetings. If so then this post is for you.

Real Estate Agent 89

Real Estate Agent Appraisal Real Estate Renovations 89

Appraisal Today

AUGUST 16, 2024

It’s also essential to review the condo declarations and bylaws, inquire about pending critical repairs (whether known by the association or observed), and evaluate the impact on the market value of any special assessments related to these repairs. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

Appraisal 73

Appraisal Contracts Mortgage Design 73

Lamacchia Realty

JUNE 21, 2022

Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. Neighborhood homes are valued relatively close to one another if their size and condition are relatively similar. See chart below. Consider the Price Brackets.

Housing Market 69

Housing Market Bracketing Marketing Sellers 69

Lamacchia Realty

OCTOBER 25, 2023

An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. But even with all the data at hand, determining the exact price isn’t always easy, especially in a shifting market like we have seen since the beginning of the year. They are right.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Birmingham Appraisal

JANUARY 25, 2023

The post How Agents Can Adjust For Square Footage appeared first on Birmingham Appraisal Blog. Related posts: When is price per square foot NOT a good indicator of market value? If you liked this post subscribe by email (or RSS feed ).

Agents 85

Agents Appraisal Contracts Buyers 85

McKissock

OCTOBER 29, 2021

” “Look at [your supervisor’s] previous reports to study the appraisal line by line to understand the analysis of the report to arrive at a final market value.” Communicate with the lender, point of contact for scheduling, the realtor, etc. Want to contribute to our blog? Join the conversation!

Appraisal 88

Appraisal Inspection Training Development 88

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Birmingham Appraisal

SEPTEMBER 3, 2024

Agents, eager to please their clients or secure a listing, may set the asking price too high, reflecting the seller’s emotional attachment rather than the property’s true market value. Why It’s a Problem: Overpricing can lead to the home sitting on the market for too long, becoming what we call a “ stale listing.”

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Appraisal Sellers Real Estate Market Value 52