McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Keep reading to learn how to improve real estate risk management, and avoid getting into trouble with the law, by putting your clients’ interests first.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. It is beneficial and can save time and avoid follow-up questions and scope of work revisions to identify the actual property to be appraised. Value Scenarios.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Have a great weekend!

Appraisal 301

Appraisal Real Estate Agent Real Estate Valuation 301

Cleveland Appraisal Blog

APRIL 21, 2022

The homeowners of one property stated that their neighbors are a nuisance. My clients said that one of their neighbors has people coming and going until late in the evening, most evenings. Consequently, they are not likely to disclose any negative information about their property that they do not legally have to disclose.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

McKissock

MARCH 17, 2023

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

Appraisal 97

Appraisal Training Property Appraisal Real Property 97

The Robert Weiler Company

SEPTEMBER 30, 2020

As shocking as it may be, commercial real estate appraisal reviews are required for the following reasons: The conclusion of the original CRE appraisal is in contention. The obligation to the client isn’t met. It isn’t clear who owns the appraised property. City or federally owned property is being evaluated.

Real Estate 137

Real Estate Appraisal Valuation Property Appraisal 137

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

MN Real Estate Services

FEBRUARY 4, 2017

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved. You contact Minnesota Real Estate Appraisal Services LLC in Minnesota and get them to do an Appraisal that both parties can trust.

Real Estate 78

Real Estate Appraisal Real Property Valuation 78

Housing Wire

OCTOBER 9, 2023

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Lamacchia Realty

DECEMBER 18, 2023

By definition, a real estate agent is a sales professional licensed by their state to assist clients in buying, selling, or leasing properties. A REALTOR® is a real estate agent who is also a member of the National Association of REALTORS®, otherwise known as NAR. Your real estate journey deserves nothing less.

Realtors 74

Realtors Agents Real Estate Agent Real Estate 74

Empire Appraisal Group

JULY 1, 2021

While appraisers can’t discuss comparable properties, Bradley said agents can still provide MLS data sheets with brief explanations of why similar homes are relevant to your listing, such as whether they were built by the same builder, have a remodeled kitchen, or involve other comparable elements. Different Appraisal Requirements.

Agents 78

Agents Appraisal Real Estate Realtors 78

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! We believe it’s important for appraisers to communicate with their clients to avoid surprises and ensure the appraisal process is as smooth as possible. Fee Simple Interest – The fee simple interest is the most complete form of property ownership.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Town & Country Residential Appraisals

JULY 25, 2022

Over the years, I have encountered a lack of confidence by clients and/or other parties to a transaction when a trainee is involved, especially when it comes to the portion of the process that is the observations of the actual real estate.

Real Estate 58

Real Estate Training Appraisal Inspection 58

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. What is an appraiser expected to analyze and give an opinion on?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

The Robert Weiler Company

OCTOBER 15, 2021

Many property owners were surprised by the subsequent tax increase determined by the County Auditor’s Office. If not for the in-depth work of independent commercial real estate appraisers in challenging the updated tax burden of their clients, the property owner, many would be unnecessarily paying increased taxes.

Investing 138

Investing Real Estate Tenants Investors 138

Hood Homes Blog

SEPTEMBER 23, 2019

SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) Failure to disclose a property condition can easily turn into a legal issue, even long after the closing. The most common example of I see is home warranties paying referral fees to agents whose clients use their products. Texas Seller’s Disclosure Law.

Inspection 54

Inspection Sellers Agents Law 54

Appraisal Today

JULY 12, 2024

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.

Appraisal 68

Appraisal Design Contracts Business 68

The Robert Weiler Company

SEPTEMBER 7, 2022

A land contract is a legal agreement used to purchase real estate through owner financing. A land contract is similar to a mortgage but instead of borrowing funds from a bank or lender, the buyer borrows from the real estate owner. We approach each client as a partnership that goes far beyond a broker/buyer relationship.

Marketing 78

Marketing Real Estate Investing Retail 78

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Client and Intended user(s): the appraisal profession and stakeholders thereof.

Appraisal 40

Appraisal Design Development Legal 40

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Get the relevant date of value from the client or client’s attorney. Excerpts: 2.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

JANUARY 6, 2025

This movement, however, is not without legal risks for employee and employer. Include in your written employment agreement guarantees by the employee that he or she is not bringing over confidential customer data, proprietary business information, diverting loan files, or improperly soliciting other employees or clients.

Mortgage 418

Mortgage Legal Business Loan Officers 418