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7 Mistakes Real Estate Agents Should Avoid

Birmingham Appraisal

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. In this scenario, the home will probably sit on the market for an extended time.

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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.

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3 Types Of Appraisals Realtors Should Be Aware Of

Birmingham Appraisal

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes.

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How to negotiate your home purchase offer

Housing Wire

According to Matt Sharp, Area Lending Manager at Citi, “It’s really important when you are in the buying process that lenders have a communication with not only the buyer but also with their realtor,” Sharp said. There is a chance they could offer an appraisal gap and never have to use it. In an extremely competive market?

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I don’t quite understand how a perceived shortage of appraisers is contributing to the main problem which is “the appraisers aren’t keeping up with rising prices”. Mr. Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. They provide CMAs, etc.,

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How to Contest a Bad Appraisal

AmeriMac

Now, if you’re refinancing your house, you’ll want the appraisal to be as high as possible. However, one thing homebuyers sometimes encounter is a low appraisal. A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value.