Bracketing Clients Market Value 
Appraisal Buzz
DECEMBER 9, 2024
Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%.
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? This approach provides valuable context for clients 3. There is a difference.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. 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.
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. 3) Year Built – The year a home was built and its age can affect its value.
Clear Capital
DECEMBER 21, 2022
With so much at stake, a credible appraisal report with the appropriate comparable sales is key to determining the market value of a property and protects the investment of the parties involved in the transaction. When choosing comparable sales, bracket the location or view . Location, location, location. 1 is location, No.
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. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.
Appraisal Today
APRIL 14, 2023
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.” Appraisers sought to bracket the subject using three comparable sales.
Expert insights. Personalized for you.
358 
Let's personalize your content