Remove Market Value Remove Property Appraisal Remove Real Estate Agent Remove Realtors
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 111
article thumbnail

Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 78
article thumbnail

Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

article thumbnail

How to Contest a Bad Appraisal

AmeriMac

Keep in mind there’s always the possibility that your appraiser made an honest mistake when writing your report. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Can I Craft my Appraisal? How do You Review it? Location of each home.