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Buyer agency: a crucial historical shift in real estate

Housing Wire

Now, real estate professionals champion the cause of buyers, managing over 100 tasks in each transaction to ensure their clients’ best interests are served. These are areas where professional expertise is not just beneficial but essential.

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Must-Have Information Required for a Successful Appraisal

Birmingham Appraisal

Tip for Agents: Double-check the property address before submitting it to the appraiser, ensuring it matches all marketing materials and legal documents. Accurate Legal Description Why It Matters: The legal description uniquely identifies the property in question, often including lot boundaries, subdivision details, and specific measurements.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

The obligation to the client isn’t met. The physical, legal, or economic descriptions of the property are in question. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. It isn’t clear who owns the appraised property.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

To help simplify things, we’ve organized the comments below into the following categories of ways to stand out from the competition: Client relations. Client relations. “I like to think it is my customer service, and client relations.” No matter the client.” Background or perspective.

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Are Appraisers Professionals?

Appraisal Today

Integrity Remain steadfast in your commitments, stay true to your word, and uphold your principles, even if this requires declining an appraisal assignment or future work with a client or their agent. Before delivering work to clients, conduct a thorough review to mitigate potential errors.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. There is administrative time involved, as well as legal factors. And if you work in real estate, be prepared to serve clients in all stations of life. First, the burden on borrowers. They start the row.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Consequently, both the appraiser and home inspector ended up on the receiving end of a “wrongful death” legal claim. Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. The test button doesn’t test the workability of a device—only the alarm.