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. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property.

Marketing 406

Marketing Real Estate Agent Clients Tools 406

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Hub

MAY 5, 2024

Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Your home inspection reports.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

JUNE 7, 2024

BNI (Business Networking International): These chapters can be tricky to get into as a real estate agent, but if you’re able to find one with an open seat, jump on it. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value.

Real Estate 451

Real Estate Open Houses Agents Sellers 451

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Reconsideration of Value 84

Housing Wire

MAY 25, 2021

In these scenarios, no inspection or appraisal of any kind is performed on the property. But there’s growing evidence that non-appraisers can perform high-quality data collection that ultimately empowers the appraiser to focus on what they do best: analysis, research, and determining market value. Poor data visibility.

Appraisal 313

Appraisal Valuation Real Estate Modernization 313

Birmingham Appraisal

JUNE 21, 2023

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.

Real Estate Agent 82

Real Estate Agent Real Estate Agents Appraisal 82

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Cleveland Appraisal Blog

JANUARY 13, 2022

By the way, if you’re a real estate agent, you no doubt have experienced these same issues with some that you work with or work for. Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. This does not happen all of the time.

Appraisal 221

Appraisal Inspection Clients Real Estate 221

Raleigh Realty

FEBRUARY 24, 2022

This is unlike a Real Estate Agent whose goal is to secure you the highest price possible when selling your home. The Real Estate Agent does take a fee though the best Agents usually will net you a price far higher than their commission making the return on investment more than worth it.

Real Estate Agent 113

Real Estate Agent Real Estate Sellers Inspection 113

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. For some homeowners, this might be a completely legitimate option.

Renovations 221

Renovations Buyers Appraisal Investing 221

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In fact, some real estate agents would also benefit from a reminder about their respective roles. What is a Real Estate Appraisal?

Inspection 52

Inspection Appraisal Buyers Sellers 52

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

Appraisal 96

Appraisal Inspection Appraisal Process Real Estate Agent 96

Birmingham Appraisal

NOVEMBER 20, 2024

The bottom line is that if the contract price is in close alignment with the other approaches to value, especially the sales comparison approach, then this provides validation that it is a reliable indicator of market value for the property so the appraiser will reconcile the appraisal at the contract price.

Real Estate 87

Real Estate Appraisal Inspection Contracts 87

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

Appraisal 129

Appraisal HOA Easement Valuation 129

D Fritz Appraisals

MAY 13, 2024

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

Real Estate 119

Real Estate Buyers Sellers Appraisal 119

Robinson Appraisal Group

JULY 18, 2019

However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another real estate appraiser.

Appraisal 78

Appraisal Inspection Property Inspector Valuation 78

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. The seller can pick a different one.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

Inspection 111

Inspection Appraisal Market Value Finance 111

McKissock

JULY 6, 2022

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Agents should prepare a full seller-net sheet for their sellers.

Clients 87

Clients Real Estate Contracts Sellers 87

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Your home inspection reports.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Listing Spark

JANUARY 5, 2025

The buyers inspector will be looking through every nook and cranny so its a good idea to knock out any issues likely to show up on an inspection. Find the Right Real Estate Agent Finding the right real estate agent is a crucial step in the home selling process.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

Appraisal Hub

MAY 17, 2023

Mistake #2: Forgetting to factor in the selling costs Most first-time home sellers think they don’t have to worry about additional expenses when selling a house, only to be surprised by closing costs, agent commissions, home inspection repairs, and staging costs.

Inspection 78

Inspection Property Taxes Real Estate Agent Appraisal 78

Eppraisal

MAY 19, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Realtor

MAY 15, 2023

“For a hybrid appraisal, the inspection, sketch, and photos are completed by a third party,” says Matthew Love , a HUD/FHA-approved Certified Residential Appraiser at Real Estate Bees. “Another appraiser, an appraiser trainee, a real estate agent, or a home inspector can provide this service,” adds Love.

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. The bank will likely hire a local real estate agent to put it on the market. Hire An Experienced Real Estate Agent.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84

Realvals

JULY 27, 2022

The appraiser will reach out to schedule the inspection with the real estate agents, who will facilitate the inspection on the seller’s behalf. . The appraiser will then take the inspection information back to their office and use it to write the appraisal report. . All these items can really add up.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

Appraisal 78

Appraisal Inspection Real Estate Agent Market Value 78

Boston Appraisal

APRIL 22, 2019

Even in the rare event that the spouses agree on the value of the family home, a judge will most likely demand a licensed real estate appraiser to determine its fair market value. The appraiser is a third-party that can offer an unbiased opinion of value. What is the process for a divorce appraisal?

Appraisal 78

Appraisal Market Value Real Estate Inspection 78

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 92

Agents Appraisal Real Estate Agent Bracketing 92

Appraisal Partners Blog

DECEMBER 2, 2019

Whether you’re selling your home through a real estate agent or opting for a For Sale By Owner (FSBO) option, a Pre-Listing Appraisal can make all the difference. It can give you a fair and accurate idea of what your home is worth before your property is listed on the market. . No matter how .

Appraisal 78

Appraisal Realtors Real Estate Agent Inspection 78

Genworth MI Blog

JULY 13, 2023

Let’s explore how from the lens of David Foster, Enact’s Senior Real Estate Appraiser. Appraisal overview The appraisal is a report with an independent opinion of value of how much a property is worth. They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Realtor

DECEMBER 11, 2017

How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal. The most strenuous part of the home-selling process is already over.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78