Appraisal Buzz

DECEMBER 9, 2024

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Authors note: I may use time adjustments and market conditions adjustments interchangeably.

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Appraisal Marketing Valuation Tools 358

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. For the above reasons, it is very important for accurate valuations during the home-buying process.

Agents 95

Agents Appraisal Real Estate Agent Bracketing 95

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

Portland Appraisal Blog

APRIL 14, 2019

Anytime an appraiser is asked to proffer an opinion of value (even if it is just to reconsider one already made) it is an appraisal. Richard Hagar , a nationally recognized appraiser and valuation expert, points out the various reasons why an ROV may be necessary: To correct a serious mistake of material deficiency in the original report.

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Appraisal Reconsideration of Value Agents Market Value 78

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. Worth reading.

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Appraisal Bracketing Valuation Contracts 52