Remove Bracketing Remove Sellers Remove Valuation
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Active listings also provide insight into current seller and buyer motivations.

Appraisal 358
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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. Are you a cross your fingers type of listing agent when it comes to appraisals?

Agents 95
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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

Examples: Estate Tax : When a family member with property passes away an appraisal report with a valuation date as of the date of death is often needed. A home selling right next door to the subject is about as good as it gets when it comes to bracketing location and might merit inclusion in a report even if it did sell more than a year ago.

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The art (and the importance) of pricing your home to sell

Cornerstone

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Reading Time: 3 minutes. are anticipated to rise by 4.5

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Some people will say that it is market value because you have a willing buyer and a willing seller. For sellers, this can be appealing, as it may justify a higher asking price. Including an exceptionally high sale in an area with mainly moderate values can give a false impression of what typical buyers and sellers can expect.

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What is a "Comp?"

Town & Country Residential Appraisals

Imagine home valuation in this neighborhood. They tell, “How much do sellers want,” but not the other half of the story, “how much are buyers willing to pay.” Every house identical… except for the ones next to the industrial site. As a VA Panel appraiser, we have access to something called “Tidewater” on VA orders. A recent sale.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. The buyer loves the home and both buyer and seller feel the price is fair. In many cases even if the appraisal is just few thousand short, the underwriter will not go through with the deal or require the seller to cut the price.