McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “The definition of market value.” ” “How value is derived.” That determines value.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Market Value Marketing Real Estate Agent Real Estate 74

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Appraisals protect buyers and sellers Buying and selling a home is a financial transaction that involves large sums of money.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

McKissock

DECEMBER 20, 2021

Even before the pandemic, homebuyers and sellers were experimenting with a new, online model of real estate — instant buying, or “iBuying.” However, do-it-yourself home-buying and selling can be overwhelming because buyers and sellers are inundated with information without knowing what to do with it.

Real Estate Agent 64

Real Estate Agent Real Estate Agents Sellers 64

Appraisal Buzz

MAY 20, 2024

Interest rates impact the housing market significantly — demand can rise or fall any time they go up or down. When the market enters a phase more favorable to sellers, appraisers may find themselves caught in a crossfire between what buyers think is fair and what the homeowner expects. You can pull the comps on it for reference.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

FEBRUARY 14, 2024

“I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. When they find those properties, they pile in,” Carrie Caruthers, a Redfin real estate agent in Riverside County, California, said in the report.

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Real Estate Investors Real Estate Agent Market Value 521

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. According to a recent survey, 73% of real estate firms reported an increase in seller impersonation attempts this year. We can reverse this trend.

Sellers 370

Sellers Real Estate Agent Real Estate Insurance 370

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

OCTOBER 9, 2023

And third, the only thing of value that the referring party may receive is a return on an ownership interest. What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.”

Real Estate 468

Real Estate Insurance Real Estate Agent Brokerage 468

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

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Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

APRIL 5, 2024

Altos considers anything above a Market Action Index of 30 to be a seller’s market. While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. Although agents say buyer demand remains strong, some are becoming frustrated. “It

Housing Market 459

Housing Market Marketing Inventory Agents 459

Realtor

OCTOBER 29, 2020

When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.

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Buyers Inspection Contracts Real Estate Agent 208

Appraisal Buzz

SEPTEMBER 26, 2022

They were able to get others to declare the value as fair, but some valued fair as high as possible. They found liar buyers. Everything worked well so long as “value” equaled price! We have rules, we have standards, and we all know the exact definition of value. buyer and seller are avariciously motivated; biased.

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Market Value Sellers Buyers Finance 321

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Ever heard of straw buyers?

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Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

MAY 18, 2021

Buying your dream home starts with being a well-prepared buyer and beginning the mortgage application process before you even look at homes. The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” Presented by: Citi.

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Real Estate Marketing Real Estate Agent Agents 468

Appraisal Partners Blog

SEPTEMBER 24, 2024

This helps you understand where your home fits in the market. Continue reading to see how a CMA is conducted and how it benefits both buyers and sellers. These factors can affect its market value. A well-maintained or updated home may hold more value. They provide a benchmark for the property’s value.

Home Value 78

Home Value Marketing Market Value Sellers 78

Eppraisal

FEBRUARY 14, 2024

Whether you're a first-time buyer or a seasoned homeowner, understanding these costs is essential for a smooth transaction. Let's delve into the intricacies of closing costs, what they entail, and how they impact both buyers and sellers. Closing costs are fees and expenses associated with finalizing a real estate transaction.

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Sellers Buyers Property Taxes Real Estate Agent 36

Eppraisal

MAY 19, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. They can provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Agents who prefer face-to-face prospecting and who want a reason to reach out to their networks with an invitation.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Birmingham Appraisal

NOVEMBER 20, 2024

This is also something that the appraiser must consider because it reflects the back-and-forth negotiations between buyer and seller. Myth #4: The appraiser is working for the buyer During a home purchase transaction the relationship between appraiser, buyer, and lender is sometimes confusing.

Real Estate 81

Real Estate Appraisal Inspection Contracts 81

Appraisal Buzz

OCTOBER 3, 2022

I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.

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Appraisal Marketing Real Estate Inventory 370

D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. this Selling a House Checklist), you can confidently navigate the process.

Real Estate 120

Real Estate Buyers Sellers Appraisal 120

Cleveland Appraisal Blog

MARCH 30, 2021

TODAY’S HOME BUYERS ARE LIKE THE CARP. This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. This year, it appears that buyer panic is even worse than last year. That is a lot of bread!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Birmingham Appraisal

DECEMBER 5, 2023

Whether it’s due to unrealistic pricing, inadequate marketing strategies, or external market factors, these properties often face skepticism from potential buyers. To break through this barrier, real estate agents need a fresh perspective and a solid understanding of the property’s true market value.

Appraisal 65

Appraisal Real Estate Agent Real Estate Market Value 65

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate? via Zillow.com Are Zestimate’s Worth Looking At?

Real Estate Agent 74

Real Estate Agent Real Estate Sellers Realtors 74

Realtor

OCTOBER 29, 2020

When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

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? For buyers, it could mean a potential bargain. There is a difference.

Real Estate Agent 93

Real Estate Agent Real Estate Clients Agents 93

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. In addition, selling as-is is the norm in some real estate markets.

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Renovations Buyers Appraisal Investing 221

Raleigh Realty

FEBRUARY 24, 2022

This is unlike a Real Estate Agent whose goal is to secure you the highest price possible when selling your home. The Real Estate Agent does take a fee though the best Agents usually will net you a price far higher than their commission making the return on investment more than worth it.

Real Estate Agent 113

Real Estate Agent Real Estate Sellers Inspection 113

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Often times, agents will specialize in working with those looking to either buy or sell.

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Real Estate Buyers Inspection Real Estate Agent 36

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. iBuyers are real estate companies that buy and sell properties through technology.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. Oftentimes this leads to the discovery of vacant lots. Cronkright II, Executive Chairman of CertifID.

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Sellers Real Estate Realtors Real Estate Agent 397

Appraisal Hub

MAY 17, 2023

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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Inspection Property Taxes Real Estate Agent Appraisal 78

Birmingham Appraisal

MAY 1, 2024

These types of improvements can help buyers choose your home over another similar one that may not have the same pop that yours does. Maintenance improvements can have a stronger impact on the marketability of your home because buyers may look at a home that has a new roof or HVAC system and factor this into the equation.

Renovations 87

Renovations Appraisal Real Estate Agent Construction 87

Realtor

SEPTEMBER 19, 2023

Don’t put too much stock in home improvements We’re sure your brand-new kitchen is stunning but don’t be surprised if it doesn’t proportionally raise your home’s market value when it comes to the home appraisals. If you spent $50,000, you’re likely to see only a fraction of that returned in value.

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Appraisal Sellers Real Estate Agent Appraisal Process 194