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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Real Estate Agent Real Estate Agents Tools 370

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

AUGUST 6, 2021

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. What about paying more than market value due to being in a bidding war?

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Buyers Property Taxes Inspection Market Value 243

Cleveland Appraisal Blog

DECEMBER 10, 2022

The value of your home will drop if you use the garage for anything other than parking automobiles. That’s because most buyers need somewhere to store their vehicles and gardening tools. You wouldn’t think it, but there’s a certain level of clutter that might lower the value of your home. 8 Too much clutter.

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Appraisal Buyers Renovations Investing 302

Cleveland Appraisal Blog

JANUARY 13, 2022

Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. We measure the improvements to verify that we are appraising the home based upon accurate square footage, which has a direct impact on market value in most cases.

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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

McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? Blog post: 9 Ways to Handle Appraisal Pressure.

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Appraisal Contracts Market Value Clients 103

Appraiserblogs

NOVEMBER 18, 2022

Spreadsheets and graphs are powerful tools for appraisers. This completed process becomes an exhibit in all my appraisal reports because it helps the Intended User(s) visually see what the market has been doing over a known time period. The post Visualizing Market Activity Using Graphs & Trendlines appeared on Appraisers Blogs.

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Marketing Appraisal Tools Market Value 106

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. Final Value Conclusion: The appraiser will provide a conclusion as to the fair market value of the property. The appraisal report will justify which approach was used.

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DW Slater Company

NOVEMBER 30, 2022

Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog. Market Value Definition Outdated? – Birmingham Appraisal Blog. Appraiser Ryan Lundquist on home pricing in a volatile housing market – HousingWire Daily. Newz: Crazy Appraiser Stories.?Market

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Real Estate Housing Market Appraisal Marketing 97

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 Market Value Investors Buyers 84

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Proof of income, not the market rent. There was no parallel change in the GSE policies to allow the use of STRs in the formation of an opinion of Market Rent. If only it was that simple.

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Appraisal Tenants Investors Business 148

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. Twitter: [link] posted by noon Friday 2.

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Appraisal Real Estate Real Estate Agent Contracts 80

Mashvisor

MARCH 17, 2022

Zillow’s estimated market value tool “Zestimate” has been questioned by both real estate investors and agents for its accuracy. Zillow is an online property search website that makes its money…

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Real Estate Investors Tools Market Value 61

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. What is an Online Home Value Estimator? How Online Home Value Estimators Work.

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Home Value Appraisal Real Estate Agent Tools 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. To break through this barrier, real estate agents need a fresh perspective and a solid understanding of the property’s true market value.

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Appraisal Real Estate Agent Real Estate Market Value 66

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

SEPTEMBER 24, 2024

These factors can affect its market value. A well-maintained or updated home may hold more value. By matching it with similar homes, they can effectively estimate the property’s market value. Differences in lot size and layout can also affect value. It also involves studying market trends.

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Home Value Marketing Market Value Sellers 78

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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Appraisal Retail Tenants Real Estate 143

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. He called it a “computer,” and in essence it is, even if it is cardboard.

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Valuation Real Estate Appraisal Market Value 95

Birmingham Appraisal

DECEMBER 7, 2022

If you purchased your home near the beginning of the pandemic chances are that with appreciation that has occurred the market value of your home may have increased enough to give you more than enough equity to drop PMI. The best way to save money on energy is to take advantage of all available tools.

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Property Taxes Appraisal Tools Insurance 95

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Valuation Business Buyers Market Value 147

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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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.

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Agents Real Estate Agent Real Estate Appraisal 62

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

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. validate the date/time of the picture. cross-check location information.

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Appraisal Inspection Real Estate Agent Market Value 84

Simonson Real Estate

APRIL 27, 2020

We reference two important points – Guide Notes 10 and 12 from the Appraisal Institute – which are as follows: The analysis is being performed with as much current information and market feedback as possible. Changes after the date may affect the value. However, the appraiser can only work with what is available.

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Real Estate Appraisal Valuation Clients 78

Portland Appraisal Blog

APRIL 14, 2019

The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. 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. It’s not fair. Read the report!

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Appraisal Reconsideration of Value Agents Market Value 78

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

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Agents Appraisal Real Estate Agent Bracketing 95

Birmingham Appraisal

MAY 2, 2023

In this blog post, we will discuss the benefits of a retrospective appraisal for estate and tax purposes for the heirs of an estate. This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time. How Does a Retrospective Appraisal Work?

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Appraisal Market Value Inspection Real Estate 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. To read more, Click Here My comments: Peter Christen’s post was originally on LinkedIn and reprinted in this blog post.

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Appraisal Insurance Contracts Architecture 68

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. validate the date/time of the picture. cross-check location information.

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Appraisal Inspection Real Estate Agent Market Value 78

Will Springer Realtor

FEBRUARY 27, 2024

The illustration of a sinister-looking man, above, was produced by generative AI only seconds after I shared an overview of this blog post. The “owners” want to urgently sell the property – often below the true market value – simply to move the sale along quickly and reap the financial reward.

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Real Estate Sellers Real Estate Agent Technology 62

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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Padove Appraisal Service

FEBRUARY 6, 2018

In this blog entry, I will explain how this technique is used. Comparable sales reflect actual market reaction to similar residences, offering insight into anticipated market reaction to the property being appraised. These sales offer some assistance in the estimation of market value.

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Real Estate Appraisal Sellers Market Value 78

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 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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