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Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. If you want to be your own boss, it also requires business acumen. not take the same old classes cycle after cycle).
Agents can build a mailing list by offering valuable resources like market reports or home valuation tools in exchange for contact information. Begin with a well-planned event that provides value or entertainment to the community, such as a home buyer seminar, neighborhood clean-up, or local market fair.
Look up the legal description of the property and include a copy of the most recent tax bill, which can show whether the home is in a special tax district, said Maureen Sweeney, a residential real estate appraiser and member of the Illinois Real Estate Appraisal Administration and Disciplinary Board.
Excerpts: At a recent residential appraiser seminar, one of the topics was non-lender appraisals. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance and decrease risk.
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