Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

Market Value 354

Market Value Appraisal Agents Real Estate Agent 354

Appraisal Buzz

MAY 20, 2024

If multiple offers come in, the parties can get into a bidding war, driving the price up beyond what the market typically sustains. One excellent resource is local real estate agents. You can pull the comps on it for reference. Is there a similar one in a nearby location that sold recently?

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

JUNE 7, 2024

Here are my top do’s and don’ts for finding listing referrals through your sphere: Do: Educate your sphere about how to refer business to you. 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.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

McKissock

DECEMBER 20, 2021

Hiring an expert is still preferred, and, in a 2020 study, more than half of buyers said that real estate agents helped them glean more information than they otherwise would have from online portals, saving significant amounts of time, money, and stress. How Can Real Estate Agents Help Online Buyers and Sellers?

Real Estate Agent 64

Real Estate Agent Real Estate Agents Sellers 64

Housing Wire

NOVEMBER 5, 2023

Geographic targeting The core idea of circle prospecting is geographic targeting, where real estate agents focus their marketing and outreach efforts on a specific neighborhood or area. This could be in the form of market updates, home maintenance tips, community news, or other helpful information.

Real Estate 221

Real Estate Tools Real Estate Agent Agents 221

Padove Appraisal Service

OCTOBER 21, 2017

The real estate agent you are working with tells you the house is 2,200 square feet. A real estate agent’s job is to market homes. Real estate agents are required by TREND to indicate the source of Interior Square Footage reported in their MLS listings. Who’s right?

Real Estate Agent 78

Real Estate Agent Real Estate Property Taxes Valuation 78

CA Realty Training

JULY 12, 2021

As a real estate agent, you will encounter the terms ‘law of eminent domain’ or ‘eminent domain’ in real estate. In exchange for this, the homeowner gets compensated with the property’s fair market value. After the fair market value is determined, the offer gets presented to the owner.

Real Estate 69

Real Estate Market Value Real Estate Agent Government 69

Appraisal Partners Blog

SEPTEMBER 24, 2024

These factors can affect its market value. A well-maintained or updated home may hold more value. This information helps the agent compare the home to others accurately. By matching it with similar homes, they can effectively estimate the property’s market value. It also involves studying market trends.

Home Value 78

Home Value Marketing Market Value Sellers 78

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. An error rate refers to the frequency or proportion of errors in a set of data.

Real Estate Agent 74

Real Estate Agent Real Estate Sellers Realtors 74

Appraisal Partners Blog

OCTOBER 20, 2019

” Many real estate professionals are focused on what a property is sold for on a per square foot basis. When someone mentions price per square foot, they are simply referring to the sale price divided by the gross living area. A real estate agent specializes in marketing and sales.

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Real Estate Agent Real Estate Market Value Appraisal 78

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? There is a difference.

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Real Estate Agent Real Estate Clients Agents 94

Birmingham Appraisal

MAY 1, 2024

Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house” There are so many factors that must be taken into consideration. appeared first on Birmingham Appraisal Blog.

Renovations 88

Renovations Appraisal Real Estate Agent Construction 88

Eppraisal

OCTOBER 31, 2023

Comparable Properties (Comps) Listings with similar specs — lot size, square footage, number of bedrooms and bathrooms, floor plan, and architectural style — as your home sold within the past six months are excellent points of reference when pricing your house. Search real estate listing sites to find suitable candidates.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

D Fritz Appraisals

SEPTEMBER 19, 2019

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.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 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. These appraisals are sometimes referred to as historical or retroactive appraisals. What is the process for a divorce appraisal?

Appraisal 78

Appraisal Market Value Real Estate Inspection 78

Raleigh Realty

AUGUST 27, 2021

How Do I Know If My Real Estate Agent Is The Right Fit For Me? Much like buying a home, choosing a real estate agent is not something that should be taken lightly. So what are some of the ways you can go about finding a real estate agent?

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Real Estate Agent HOA Real Estate Agents 78

McKissock

AUGUST 19, 2020

As a real estate agent, you spend a great deal of time soliciting to build your roster. Sometimes breaking up with difficult real estate clients is the best thing you can do for both parties. Any conversations that you have verbally should be documented in writing as well , as a point of reference for both of you.

Real Estate 52

Real Estate Clients Client Relationships Real Estate Agent 52

McKissock

FEBRUARY 21, 2021

Specifically referring to things like the time and cost to maintain the property, as well as any taxes and levies that might come with it. Of course, the type, location and value of the property can contribute to the previously-spoken of headache.

Real Estate Agent 56

Real Estate Agent Property Taxes Real Estate Legal 56

Birmingham Appraisal

JUNE 19, 2024

Real-Life Applications of Confidentiality in Appraisal Let’s consider a few scenarios where confidentiality plays a critical role in the appraisal process: Mortgage Refinancing- When refinancing your mortgage, the lender will require an appraisal to determine the current market value of your property.

Appraisal 83

Appraisal Appraisal Process Clients Real Estate 83

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.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Quicken Loans

JUNE 3, 2021

There are several questions that often arise for homeowners, home buyers and real estate agents who are considering working with an iBuyer. The “i” in “iBuyer” stands for “instant,” which refers to the speed at which an iBuyer company’s algorithm calculates the AVM to make an all-cash offer on a home.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask them for their resume and a list of two or three references. The references should be current or previous clients, and at least one should be from the community. Follow up with the references for your selected candidate. Evaluate the appraiser’s experience. The resume may be on the appraiser’s website.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Lamacchia Realty

SEPTEMBER 13, 2022

comparative properties or “comps” is the primary way market values can be indicated, however in a volatile market such as this one in 2022, other factors need to be considered. 2) Under Agreement Date of Sold Properties This is as important as #1 but it is often overlooked by home sellers and agents.

Inventory 74

Inventory Sellers Agents Buyers 74

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

Appraisal 80

Appraisal Contracts Real Estate Mortgage 80

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Obviously, this appraisal method comes with its share of debate.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Eppraisal

DECEMBER 20, 2022

Buyers Consultation Once you've identified an agent, set up a consultation. Your real estate agent will discuss with you the price of the home you are looking for, the size, how many rooms you need, the style, your needs and wants in a home, and much more. Closing Finally, it's closing time.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Typically these take place before the sale or when people are about to put up a property as a collateral.

Appraisal 36

Appraisal Appraisal Process Architecture Real Estate Agent 36

AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Typically these take place before the sale or when people are about to put up a property as a collateral.

Appraisal 36

Appraisal Appraisal Process Architecture Real Estate Agent 36

AmeriMac

DECEMBER 10, 2020

If you’ve been doing some reading around the real estate world, chances are you’ve seen the word ‘AMC’ somewhere. Whether you’re a commercial real estate agent or a residential one, you’re going to greatly benefit from utilizing an appraisal management company (AMC).

Real Estate 36

Real Estate Appraisal Market Value Real Estate Agent 36

AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Typically these take place before the sale or when people are about to put up a property as a collateral.

Appraisal 28

Appraisal Appraisal Process Architecture Real Estate Agent 28

PennyMac

AUGUST 31, 2024

In real estate, "closing" refers to the final step in the home-buying process. Preparing for Closing As you approach the closing on your home, your lender and real estate agent will guide you through the process. Congratulations! Here are some of the steps completed prior to closing.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

Appraisal Today

AUGUST 2, 2024

Real-Life Applications of Confidentiality in Appraisal Let’s consider a few scenarios where confidentiality plays a critical role in the appraisal process: Mortgage Refinancing- When refinancing your mortgage, the lender will require an appraisal to determine the current market value of your property.

Appraisal 75

Appraisal Valuation Law Contracts 75

AmeriMac

JANUARY 15, 2024

A home appraiser is a qualified professional who evaluates the value of a property. They consider various factors such as the property’s size, condition, location, and comparable sales data to determine its market value. Ask for recommendations from real estate agents or lenders.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

OCTOBER 7, 2022

While agents can “puff” we cannot! If it had a market value of $345k, it would have listed at $345k!”. Good tables and explanations, with references to the Selling Guide. We look at trends in sales, pendings, listings, days on market, expired, number of offers, etc. Lenders, real estate agents, etc.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

MAY 17, 2024

With the plethora of data available today, could an appraiser living hundreds or even thousands of miles away gain sufficient knowledge of local market conditions, trends, and regulations to produce accurate and reliable appraisals? And could it actually be a benefit to not live in the immediate geographic area?

Tools 66

Tools Appraisal Renovations Design 66

Appraisal Today

JANUARY 27, 2023

Quite a contrast to all the references to appraisal “bias” in the news. 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. How much do appraisers contribute?

Appraisal 52

Appraisal Contracts Transportation Real Estate 52