Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. That is, until one takes a closer look. Age is a good example. Now starts the wear and tear.

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Appraisal Real Estate Real Estate Agent Loan Conditions 222

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.

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Appraisal Real Estate Appraisal Process Market Value 104

Eppraisal

JUNE 18, 2024

" Making your property look as modern as possible can potentially help attract more potential buyers and increase your home’s value. ●      Ask a real estate agent: A local real estate agent can tell you from experience what renovations are usually successful and their average cost.

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Renovations Real Estate Agent Investing Buyers 68

Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability.

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Appraisal Training Contracts Mortgage 82

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. By Dallas T.

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Appraisal Real Estate Real Estate Agent Contracts 76

Listing Spark

SEPTEMBER 23, 2024

Here are some options to consider: Traditional real estate agent: Offers full-service support but comes with higher commissions. Tech-enabled platforms: Combine aspects of traditional and FSBO methods with modern technology. Tech-enabled platforms: Combine aspects of traditional and FSBO methods with modern technology.

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Buyers Modernization Real Estate Agent Real Estate 68

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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Appraisal Real Estate Agent Renovations Home Value 69

McKissock

DECEMBER 21, 2021

A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above. Does your audience appreciate more modern decor? They inspire a sense of urgency with a drop-dead date for possible purchase being the day of the auction.

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Marketing Decorating Training Buyers 86

Birmingham Appraisal

OCTOBER 9, 2024

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.

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Buyers Appraisal Agents Sellers 69

AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. They use technology and smart algorithms to provide a better and more accurate value for a property. They are commonly used by online real estate sites and banks to obtain quick and low-cost valuations.

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Valuation Real Estate Technology Tools 36

Listing Spark

JUNE 13, 2024

Tennessee Market and FSBO The Tennessee real estate market offers unique opportunities and challenges. Buyers in this state are often looking for homes with modern updates and well-maintained properties. To determine a fair market value, consider getting a Comparative Market Analysis (CMA) report.

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AmeriMac

MARCH 14, 2022

A lot of people don’t realize just how tech-driven the modern day real estate market truly is. To get a better understanding of why valuation software is so beneficial, it’s important to learn about the sheer volume of effort that goes into a real estate valuation in the first place.

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Valuation Real Estate Market Value Appraisal 36

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” I looked like a real estate agent.

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Appraisal Contracts Insurance Construction 80

Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? MLS info can be unreliable.

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Appraisal Contracts Sellers Business 52

Appraisal Today

MAY 17, 2024

Click here = Appraisals for estates and trusts The most popular non-lender appraisals Topics include: Estate/trust liability advice Use the IRS definition of Fair Market Value What forms to use? Date of value – be sure you use the correct date(s) What information do you have on the condition of the subject?

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Tools Appraisal Renovations Design 64

Appraisal Today

JANUARY 27, 2023

The modern kitchen features wide-board pine floors and lots of windows to soak in the natural light. Popular topics include how to market to attorneys and get referrals from real estate agents. Estate/trust appraisals, the most popular for residential appraisers, are included.

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Appraisal Contracts Transportation Real Estate 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. So there’s this real estate agent — are you with me? Kenon Chen. It’s all for the podcast, everything we do. Jeff Allen. Kenon Chen.

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Sellers Agents Real Estate Appraisal 69

Listing Spark

MARCH 15, 2022

A fresh coat of paint or some new furniture can go a long way in making your home look more modern and appealing. Home appraisals provide you with an estimate of the market value of your property. If you’re unsure about what is considered a major renovation or update for an appraisal, talk to your real estate agent.

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Appraisal Renovations Contracts Buyers 36

Appraisal Today

JUNE 17, 2022

Real estate market? ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. It might bias them toward the contract price rather than market value (it might). Access to MLS current data was limited to licensed real estate agents and brokers.

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Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

OCTOBER 11, 2022

This includes an appraisal contingency to virtually guarantee the purchase is at market value. If you don’t mind seeing the neighbor’s house nearby , there are peek-a-boo Lake Washington views and stunning, modern designs inside and out. Living the Dream is both the name of this newsletter and my real estate blog.

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Housing Market Marketing Real Estate Buyers 36

AmeriMac

JULY 15, 2024

Examples include automated valuation models (AVMs), broker price opinions (BPOs), and desktop appraisals, streamlining the process and offering cost-effective solutions for real estate transactions. This shift has improved accuracy and efficiency in determining a property’s market value.

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Real Estate Appraisal Valuation Tools 36

Appraisal Today

NOVEMBER 29, 2024

This blog post is written for newer real estate agents, but a good reminder of what many other people think. . of Biscayne Bays pristine coastline, the estate offers an unparalleled experience on nearly an acre. Soaring ceilings, expansive open spaces, & impeccable finishes, every detail reflects modern elegance.

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