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How to prepare a comparative market analysis (CMA) report

Housing Wire

Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. Select active listings comps Choose active listings near to the subject property. Download to multiple formats. Property value insights. $10

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. Free download: Are you investing in yourself and your appraisal career?

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What New Appraisal Specialty Do You Wish to Break Into?

McKissock

Green home appraisal (16%). ” “It appears that green home features are becoming more common in remodeling and new construction assignments.” Besides the five multiple-choice survey answers above, many respondents (19%) had their own ideas about which property appraisal niche is the most appealing.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “The amount of knowledge, continued education and diligence it truly takes to provide an excellent work product for the property appraisal.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “The definition of market value.”

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What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. For example: I had an assignment to appraise a 3,500 sq. four-year-old masonry house of well above average quality construction.

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Appraisals and the Cost Approach

Appraisal Today

Unparalleled 3-Mansion Compound on Miamis Exclusive Palm Island Splashes Onto the Market for $150 Million DEI and Appraisers Fannie and Freddie Forecasts Fannie, Freddie: New Market Analysis Requirements February 4th Mortgage applications decreased 2.0 The cost approach can also be used to support the sales comparison approach. Asian 1.8%

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Appraisers Share Their Top Professional Goals for 2023

McKissock

Most people are comfortable obtaining the license; however, I came from a different viewpoint, for example, the kind of construction, materials, laws, rules, and even currency. I hope to become a real property appraiser once my courses are completed.” ” “I am switching careers from IT to being an appraiser.”