Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

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Real Estate Agent Real Estate Inspection Valuation 409

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. The answer lies in evolving valuation technology.

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Appraisal Valuation Technology Training 479

Miller Samuel

MARCH 19, 2019

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

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Real Estate Law Development Investors 370

Housing Wire

FEBRUARY 19, 2021

It could also have big implications for appraisers, who are already nervous about the continued rise of automated valuation models. Cape Analytics’ AI system instantly extracts property condition from images, which is then run through Weiss’ valuation model, Raj Dosaj, Cape Analytics’ head of real estate, explained.

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Valuation Real Estate Investors Appraisal 376

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. The Appraisal Review.

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Real Estate Valuation Lending Appraisal 221

Cleveland Appraisal Blog

NOVEMBER 11, 2021

Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise.

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Valuation Market Value Appraisal Real Estate 364

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. The short answer: circle prospecting is a strategy for generating real estate leads within a specific geographic area or around a particular listing or sale through outreach — usually cold calling, but it can include other methods.

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Real Estate Tools Real Estate Agent Agents 221

Appraisal Buzz

MAY 20, 2024

Difficulty Finding Comps You might have difficulty finding comparable properties to base your valuation on in a buyer’s market. 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.

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Appraisal Marketing Valuation Sellers 370

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Let’s talk about the differences.

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Appraisal Real Estate Agent Real Estate Agents 301

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. Inventory levels have an impact on property valuation, at least in the short term. Appraising real estate in a fast-changing market.

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Appraisal Marketing Real Estate Inventory 370

Appraisal Buzz

DECEMBER 9, 2024

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Authors note: I may use time adjustments and market conditions adjustments interchangeably. Specifically, it can show: 1.

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Appraisal Marketing Valuation Tools 358

Housing Wire

NOVEMBER 23, 2020

Steve Price, senior vice president of trustee operations at Auction.com, said this is likely because of the shift to vacant or abandoned properties that often come with more deferred maintenance – but the average price relative to estimated full market value increased to a 6.5-year year high in September.

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Buyers Real Estate Investors Retail 527

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their assessments can delineate how such disputes affect property valuation, informing legal arguments and potential resolutions.

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Legal Real Estate Appraisal Valuation 148

Housing Wire

NOVEMBER 5, 2024

The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. But they aren’t the only housing professionals impacted by these changes.

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Appraisal Business Real Estate Agent Real Estate 308

Housing Wire

AUGUST 28, 2023

In spite of the growing popularity of automated valuation models (AVMs), nearly all appraisers conducted their work in person, while 81% did so through desktop/drive-by appraisals, according to the survey. Other challenges Appraisers were much less likely to cite high demand for appraisals as a challenge compared to the year-earlier period.

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Appraisal Logistics Valuation Appraisal Process 355

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Real estate agents in particular understand local properties extremely well.

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Appraisal Valuation Real Estate Modernization 297

Housing Wire

NOVEMBER 7, 2023

Williamson County homeowners paid an average of nearly $8,000 in property taxes annually in 2022, according to the real estate analytics company ATTOM , which does an annual survey of property taxes in the spring. The market has since cooled off, but taxes are going up. In August, the county raised the tax rate slightly.

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Property Taxes Home Value Government Valuation 539

Housing Wire

FEBRUARY 14, 2024

Regional banks in recent years went big on commercial real estate loans for office towers throughout America’s downtowns, the same buildings that now often sit unoccupied while remote workers stay home. 1, the company had lost 45% of its market value. This time, it is not their depositors, but their loan recipients.

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Mortgage Real Estate Insurance Tenants 388

The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Understanding the Process for Appraising Commercial Real Estate.

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Real Estate Appraisal Property Appraisal Valuation 147

Appraisal Buzz

AUGUST 26, 2024

Stick with me: I’ll explain a strategy to develop market-based adjustments throughout the grid. The SCA is a model used to predict a value. The SCA grid includes units of comparison that are imposed upon the analyst. Multivariable regression (MVR) is another valuation model that gets a lot of attention.

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Valuation Appraisal Marketing Market Value 369

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). Question 1: Why do I need to understand business valuation?

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Valuation Business Buyers Market Value 147

Appraisal Buzz

MARCH 25, 2024

Of course, this applies to the work of real estate appraisal as well. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people. It is the work of a therapist and their client to carefully untie those knots.

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Sellers Appraisal Real Estate Buyers 379

Sacramento Appraisal Blog

JUNE 21, 2021

A couple weeks ago a viral story came out about a fund called BlackRock who was reported to be buying everything in sight and paying 20-50% above market value. Market update on […]. Let’s talk about this as well as other institutional investors right now. This is a longer post, so scroll topics (or digest slowly).

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Investors Housing Market Marketing Market Value 405

Boston Appraisal

AUGUST 30, 2023

Their role is multifaceted, touching upon asset valuation, regulatory compliance, risk management, and more. One essential yet often overlooked component of their job involves real estate appraisals. Real estate often comprises a substantial portion of a business’s or individual’s net worth.

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Real Estate Appraisal Valuation Property Taxes 109

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other.

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Modernization Real Estate Agent Appraisal Process Reconsideration of Value 76

Boston Appraisal

JUNE 7, 2023

Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. Let’s dig deeper into each of these and gain a better understanding of their significance in the field of real estate. It measures the potential return on investment, ignoring any debt involved.

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Real Estate Valuation Investors Investing 78

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Values.

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Appraisal Process Appraisal Market Value Tenants 148

Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. The buyer typically covers the cost of the appraisal.

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Inspection Appraisal Appraisal Process Buyers 457

MN Real Estate Services

APRIL 20, 2017

Commercial Real Estate Appraisals Are More Complicated Than the Typical House Appraisal. Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity. It yields the most accurate market value when the property is new.

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Real Estate Appraisal Valuation Market Value 78

Housing Wire

JULY 6, 2022

The MSR market has been on a bit of a tear since the start of the year, with values rising rapidly and creating opportunities for many lenders to bolster their balance sheets. Monthly valuations of the MSRs for both offerings will be performed by Incenter Mortgage Advisors , KBRA reports.

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Investing Finance Mortgage Valuation 326

Housing Wire

OCTOBER 12, 2023

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). This is essentially the home price that a willing homebuyer would pay a seller. Interestingly, though, FMV isn’t always the final purchase price in a lot of the deals out there.

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Sellers Buyers Brokerage Valuation 384

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers.

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Appraisal Market Value Legal Property Appraisal 353

Appraisal Hub

JULY 26, 2024

Imagine you could get a report card for a home, highlighting each element that adds or subtracts value. This is called property valuation. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. What Is Property Valuation?

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Valuation Buyers Market Value Appraisal 78

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. I also developed the replacement value, and I had comparable land sales from the neighborhood. Does this seem healthy to you?

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Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Real Estate Agent Real Estate Agents Appraisal Process 78

CP Home Appraisals

OCTOBER 10, 2008

This requirement is true IF the cost of repairs to their home is equal to or greater than 50% of the STRUCTURES market value prior to the storm. The basis of the structure’s market value will be taken from HCAD records but unfortunately these values are terribly inconsistent and generally inaccurate.

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Market Value Marketing Property Taxes Appraisal 78

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

Have you ever read a real estate appraisal report? Each section should contribute a little to the overall story of the value of the home being appraised. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. APPRAISAL REPORTS.

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Appraisal Market Value Development Clients 341