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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

Appraisal 288
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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

Second, the motivation to look at the value of a property will be for entirely different purposes. Consider the client who is purchasing commercial property for sale. The client could be an individual or company looking to invest in real estate. Their purchase will ultimately be income-generating.

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. These include: 1.

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My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. Today I thought I would share the search criteria I use and the reasons for each of them.

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Should Agents Consider Location When Pricing a Listing?

Birmingham Appraisal

Location factors can significantly impact market value due to various economic, social, and environmental variables. Market Stability: Different neighborhoods might respond differently to market fluctuations, leading to price volatility in some areas and stability in others.

Agents 62
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Wernick Omura Singh Innovates with Realquantum

Real Quantum

Realquantum provides us the flexibility and innovation we need to provide a high-quality product to serve our clients and grow revenues. A commercial real estate appraisal report is an independent, unbiased, third-party opinion of an estimate of the Market Value of your property by a Professionally Accredited Appraiser.

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Lower Interest Rates, But Still No Offers? Here’s Why

Birmingham Appraisal

An appraiser can provide an unbiased valuation based on market conditions, comparable sales, and the unique characteristics of the property. By aligning the price with its true market value, you make the home more competitive and attractive to buyers who are already watching their budgets.

Buyers 69