Housing Wire

SEPTEMBER 19, 2023

Appraisals make for realistic pricing You may want to encourage clients who are selling their homes to get an appraisal before they list their home. The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. At this point, an estimated market value is generated.

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Real Estate Appraisal Agents Inspection 476

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. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Here are the steps you should take to develop your CMA report Step 1.

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Marketing Real Estate Agent Clients Tools 435

Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. My clients said that one of their neighbors has people coming and going until late in the evening, most evenings. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 354

Housing Wire

AUGUST 5, 2022

A significant jump in the fair market value of MSRs on Rocket’s balance sheet, however, also helps to bolster the lender’s asset position, which creates more collateral for borrowings or potential income from future MSR sales — all of which can help to pump up Rocket’s liquidity. billion to $6.7 billion, SEC filings show. .

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Market Value Clients Investing Mortgage 418

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. But what offer will the seller accept $400,000.

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Market Value Buyers Appraisal Sellers 448

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded.

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Mortgage Clients Insurance Tools 418

Appraiserblogs

MARCH 27, 2025

There are times when you have to stand your ground, even when clients plead with you to sway the value. Sometimes, the market tells a story thats not what people want to hear. Being an appraiser isn’t for the faint of heart. The job requires thick skin, a strong moral compass, and an unwavering commitment to impartiality.

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Realtors Appraisal Real Estate Clients 158

Housing Wire

JULY 16, 2021

billion market capitalization, less than half of its previous market value. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. But eXp’s stock has dipped from a high of $80 per share in February to $33 as of Friday. The company now has a $4.2

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Mortgage Lending Brokerage Agents 435

Cleveland Appraisal Blog

FEBRUARY 16, 2024

FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.

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Appraisal Market Value Real Estate Clients 409

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

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Market Value Real Estate Agent Agents Business 418

Appraisal Buzz

DECEMBER 9, 2024

Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%.

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Appraisal Marketing Valuation Tools 358

Realvals

FEBRUARY 10, 2025

Home appraisals are never publicly available and are only shared with the appraiser’s client and authorized parties. Appraisals contain sensitive information such as the property value, interior photos of the property, and names of people involved. The appraiser then weighs all factors to arrive at the appraised value.

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Appraisal Property Taxes Real Estate Market Value 78

Appraisal Buzz

OCTOBER 21, 2024

Instructions on the form state the appraiser is to “…[p]rovide adequate information to the lender/client to replicate the [herein] cost figures and calculations.” And this requires the appraiser to collect, verify and analyze data to conclude a credible vacant site value. Spoiler Alert: It does not.) Spoiler Alert: Yes, it does.)

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Market Value Renovations Valuation Appraisal 293

Housing Wire

FEBRUARY 14, 2024

The banks had courted high-net-worth clients working in speculative tech and crypto startups in Silicon Valley, while also tying up a large portion of the banks’ assets in Treasury securities. 1, the company had lost 45% of its market value. Regional banks are once again in the grip of a concentration problem.

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Mortgage Real Estate Insurance Tenants 468

Appraisal Buzz

JULY 25, 2024

Redfin defines “luxury homes” as those estimated to be in the top 5% of their respective metro area based on market value, and non-luxury homes as those estimated to be in the 35th-65th percentile based on market value. We had a client recently list a property for $2.4 to a record high median of $342,500.

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New Listings Inventory Market Value Buyers 396

Inman

JUNE 10, 2023

While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process.

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Clients Business Market Value Home Value 147

McKissock

DECEMBER 14, 2021

On the way he needed to drop off an appraisal report to a lender client. He handed the report to his client who quickly turned to the bottom of page two, and said: “Wow Ben, I was sure this one would have come in at least $20,000 higher.” So, it’s that darned old market that determines what the market value is.

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Market Value Marketing Property Appraisal Appraisal 80

Housing Wire

APRIL 5, 2024

Agents say a common Bay Area practice of pricing homes below market value has also contributed to the rampant multiple offer situation in some parts of the city. You can have clients that can afford to go to whatever stratospheric height they have to go to, but they need to know and understand what the parameters are,” Gordon said.

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Housing Market Marketing Inventory Agents 459

Housing Wire

APRIL 8, 2021

The increased market size Wells refers to is best demonstrated in the third-party buyer sales rate for foreclosures brought to auction on the Auction.com platform compared to the overall market. The maximum allowable credit bid at foreclosure auction is the amount of total debt owed on the defaulted mortgage.

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Retail Market Value Marketing Investors 459

Housing Wire

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Valuation Tools 476

Housing Wire

NOVEMBER 7, 2023

Local assessors determine how much each individual property owner should pay based on the assessed value of the home. The assessed value is often significantly lower than the appraised market value. New Jersey mortgage banker Luke Chamberlin says he always brings up property taxes early on in meetings with clients.

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Property Taxes Home Value Government Valuation 541

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers.

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Appraisal Market Value Legal Property Appraisal 358

Appraisal Buzz

MARCH 25, 2024

It is the work of a therapist and their client to carefully untie those knots. The hypothetical interaction of the typical buyer (who embodies the collective thought and action of the whole market of buyers) with the typical seller (who similarly embodies the collective thought and action of the whole market of sellers).

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Sellers Appraisal Real Estate Buyers 379

Housing Wire

DECEMBER 3, 2020

Proposition 19 eliminated the ability of homeowners to transfer primary residential properties to their children or grandchildren without the property’s tax assessment resetting to market value if the property is being used as a rental house or second home.

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Property Taxes Realtors Law Inventory 433

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. Is there anything about the improvements that would positively or negatively impact its market value? It should provide information on the trends for prices in that area. IMPROVEMENTS.

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Appraisal Market Value Development Clients 346

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. Q: “What are methods to determine the value of my home?”. Q: “What factors can influence the value of my home?”.

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Clients Advertising Real Estate Market Value 84

Appraisal Buzz

OCTOBER 2, 2024

billion in market value as of June 30, 2024. We truly believe in building relationships with our clients that last a lifetime – whether through new mortgages or servicing loans. The company’s MSR portfolio is made up of high-quality conventional loans with a weighted average FICO of 757 at origination.

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Mortgage Clients Market Value Investing 195

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. However, they are stuck in the middle, trying to please their clients, and at the same time navigate multiple bids and everything that goes with that.

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Housing Market Marketing Reconsideration of Value Appraisal 368

McKissock

JULY 6, 2022

The reality, however, is many agents struggle to properly set and manage the client’s expectations of how the chaos is going to work and how the process is going to play out. Managing client expectations is critical, and sadly, often overlooked as part of the agent/client relationship. As agents, we know better.

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Clients Real Estate Contracts Real Estate Agent 87

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. Of course, if our clients require it, then it becomes a USPAP requirement on the assignment that we perform for them.

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Inspection Appraisal Technology Clients 374

Housing Wire

AUGUST 3, 2023

Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” If the reader and agent then engage in conversation, it’s doubtful the agent will appear proficient on the topic, creating doubt in the prospective client.

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Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Inspection Appraisal Appraisal Process Buyers 459

Housing Wire

DECEMBER 10, 2021

Through November of this year, Versus has sponsored 10 non-QM private-label securitizations valued at more than $5 billion, according to a review of bond-rating reports, Even if the non-QM private-label market grows to $40 billion next year, that is still only a fraction of the market’s loan-origination potential.

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Lending Finance Mortgage Government 497

McKissock

MARCH 1, 2021

She approaches real estate the same way she approached her healthcare work: ensuring that, from start to finish, whether buying or selling, her clients have a smooth transaction and achieve their goal. Q: How do your Millennial real estate clients find their way to you? A: My Millennial clients often come to me as a referral.

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Real Estate Clients Real Estate Agent Renovations 90

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. To “think outside of the box” when valuing a property.

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Inventory Market Value Appraisal Contracts 243

Appraisal Buzz

OCTOBER 3, 2022

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. In a market that moves as quickly as ours is, often that can be too old. The data we see is typically a few months old.

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Appraisal Marketing Real Estate Inventory 370

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. All three are market-based approaches.

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Appraisal Real Estate Agent Real Estate Valuation 305