Bracketing Clients Contracts 
Housing Wire
AUGUST 23, 2024
In some markets, like in Texas, for example, I have agent clients who are in a little bit more of a buyer’s market. Kleimann: Will there be scenarios where a buyer signed the BBA (buyer broker agreement) and is under contract but says, ‘Look, I can’t pay you 2% commission on this. I can only come up with $5,000.
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.
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Birmingham Appraisal
FEBRUARY 20, 2024
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. 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.
Birmingham Appraisal
SEPTEMBER 26, 2023
Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA). Ethical Concerns Using outlier sales to manipulate property values or cater to clients’ desires can raise ethical concerns within the real estate industy.
Town & Country Residential Appraisals
DECEMBER 16, 2019
This allows us to reach out to the lender and ask for what the agent used to assist their client in pricing/making an offer on the home in question (most lenders discourage this in any other transaction). Always a sale that is close in price to the subject contract. A recent sale.
Portland Appraisal Blog
APRIL 14, 2019
You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. Not even the borrower is the appraiser’s client.
Clear Capital
DECEMBER 21, 2022
By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. When choosing comparable sales, bracket the location or view . The “magic” of adjustments must be adequately explained, so the client is assured of a “market-based” reconciled value.
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