Housing Wire

NOVEMBER 5, 2024

Real estate appraisers also rely on MLS data, including information about buyer broker compensation and seller concessions, in order to accurately appraise properties for homebuyers and lenders. Going forward, Telford is expecting even more variation in seller concessions and agent compensation due to the terms of the NAR settlement.

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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. Meanwhile, 39% said they had challenges finding sellers.

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Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

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Housing Wire

AUGUST 31, 2023

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. In its selling guide announcement , Fannie Mae wrote, “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

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Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. An appraisal is a valuation of a property by a third party. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned.

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Inspection Appraisal Appraisal Process Buyers 459

Housing Wire

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Housing Wire

FEBRUARY 7, 2023

The bulletin, issued quietly in mid-January, states that “although seller/servicers assign values to their MSRs, the enterprises [Fannie and Freddie] should have their own processes to evaluate the reasonableness of seller/servicer MSR values.” These differences can cause volatile MSR values.

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Realvals

FEBRUARY 10, 2025

Most commonly, appraisals help buyers, sellers, and lenders make informed decisions about real estate transactions. These comparables or “comps” help determine the home’s value in the current market. The appraiser then weighs all factors to arrive at the appraised value.

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Appraisal Property Taxes Real Estate Market Value 78

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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Appraisal Buzz

MARCH 25, 2024

The transaction is a complex interplay between buyer and seller. The hypothetical interaction of the typical buyer (who embodies the collective thought and action of the whole market of buyers) with the typical seller (who similarly embodies the collective thought and action of the whole market of sellers).

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Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? This valuation is crucial for a multitude of reasons.

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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. Usually, the information further supports my opinion of value, when I take a closer look. Does this seem healthy to you?

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Housing Market Marketing Reconsideration of Value Contracts 368

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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Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” McKinsey reports that the real estate industry will see a productivity gain of $110 billion to $180 billion, primarily in marketing and sales. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation.

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Appraisal Buzz

JANUARY 20, 2025

Real estate markets are complex, but they do have discernible patterns, because the actions of buyers and sellers are not random. Without the appropriate metric, any combination of sales will result in a potential value conclusion which is a poor predictor of value.

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Appraisal Partners Blog

FEBRUARY 18, 2025

This post will explain what happens when an appraisal comes in low and outline the options for both buyers and sellers. Understanding the Appraisal Gap A low appraisal means the independent appraiser has determined the fair market value of the property is less than the price the buyer and seller agreed upon.

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Appraisal Partners Blog

JANUARY 10, 2025

Introduction In the real estate industry, where significant financial decisions hinge on property valuations, the importance of ethics in the appraisal profession cannot be overstated. Appraisers serve as impartial experts, tasked with providing objective opinions of value based on thorough analysis and market data.

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AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.

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AmeriMac

JANUARY 31, 2025

A qualified professional appraiser gives an unbiased estimate of the property’s market value. This value considers different factors to ensure buyers and sellers are treated fairly. Understanding real estate appraisals is crucial in a changing market like New Albany, OH.

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Birmingham Appraisal

JANUARY 29, 2025

Pending sales can help us see the direction a market is taking during times of rapid increases or decreases in prices. Using this information helps appraisers provide the most accurate and up-to-date valuation possible. Active listings help us to understand what other competing properties are listed for.

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DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

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Appraisal Appraisal Process Buyers Legal 158

Realtor

DECEMBER 4, 2019

If you’re buying commercial real estate, a property appraiser may conduct a business valuation to determine market value in much the same way. A home appraiser will report on the value of similar properties in your area, so you can determine whether your upcoming real estate transaction is a smart one.

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Appraisal Hub

MARCH 20, 2025

In simple words, it is the estimate of a propertys value in the market. Banks use it to approve mortgages, buyers use it to avoid overpaying, and sellers use it to establish a realistic price. The Catch: What happens when the market is moving faster than past sales can reflect? At Appraisal Hub , we dont cut corners.

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Property Appraisal Appraisal Real Estate Investors 78

Realtor

FEBRUARY 18, 2025

A drive-by appraisal is a streamlined method of estimating a homes market value. But Marks offers some guidance: The only time [having a drive-by appraisal over a traditional one] would matter is if my seller had a remodeled home. In fact, they may even offer more accurate and fair appraisals for some home sellers.

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Appraisal Real Estate Agent Valuation Inspection 101

Empire Appraisal Group

OCTOBER 5, 2023

A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. Valuation Date : The valuation date is critical in these appraisals.

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The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Buying land can turn into a lucrative investment, just as selling land can bring the seller a high return on their investment.

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D Fritz Appraisals

MAY 13, 2024

Professional staging services can be employed for those seeking expert guidance, although many sellers undertake this process. Either way, the goal remains the same: to make the home appear as attractive and welcoming as possible, thereby making it stand out in the competitive real estate market of British Columbia.

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Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. employ certified professionals who understand the nuances of the local market. is a wise choice.

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Appraisal Property Taxes Valuation Market Value 78

Realvals

JUNE 18, 2023

An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. An appraisal will provide you with the current market value of your real estate.

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Appraisal Property Taxes Real Estate Market Value 145

Simonson Real Estate

JUNE 10, 2020

The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable and reasonable range of value – not too high or too low. This is good for the buyer, the seller, the lender, and the appraiser. These factors affect the seller and lender as well.

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Cleveland Appraisal Blog

MARCH 18, 2021

The MLS reflected it as a pending sale with zero days on the market. So, it does not appear to have been exposed to the market. Perhaps the sellers had a pool of buyers looking for homes to buy in this area. My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal.

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Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Their expertise goes beyond helping buyers and sellers determine accurate market value.

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Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. In light of the recent NAR lawsuit outcome , seller leads are even more crucial. Companies like SmartZip can quickly and easily generate a list of potential home sellers based on data, not just a zip code. It’s a great time to sell.

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Real Estate Tools Real Estate Agent Agents 221

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But never fear.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But never fear.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Appraisal Hub

DECEMBER 22, 2021

With a home appraisal, you can position yourself more confidently in the market. The purpose of a property appraisal is to determine the real market value of your home. Appraisals and valuations determine the market value of the property. The market value of properties changes over time.

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Appraisal Partners Blog

JANUARY 18, 2025

For investors, business owners, lenders, and anyone involved in commercial real estate, understanding the intricacies of these valuations is absolutely paramount. Commercial appraisals are not merely about determining the market value of a building; they are about assessing the economic potential and risks associated with that property.

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