Housing Wire

MAY 21, 2024

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

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Real Estate Agent Real Estate Inspection Valuation 488

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 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. The truth of it is that an appraisal coming in below the contract price can be a powerful tool for a homebuyer and save them future pain and heartache.

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Appraisal Contracts Valuation Tools 476

Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. 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 369

Housing Wire

NOVEMBER 5, 2023

8 circle prospecting ideas — a deep dive 8 effective circle prospecting scripts 9 pro tips for expert-level circle prospecting 3 circle prospecting tools What is circle prospecting? There are numerous tech tools available to agents to help with prospecting. Offering value Providing value is crucial in circle prospecting.

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Real Estate Tools Real Estate Agent Agents 221

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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Modernization Appraisal Inspection Valuation 418

Appraisal Buzz

MARCH 17, 2025

So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be.

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Appraisal Marketing Clients Inspection 231

Appraisal Buzz

AUGUST 26, 2024

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. The cost of 200 square feet is $20,000, but the market does not pay 100% of cost.

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Valuation Appraisal Marketing Market Value 369

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

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Appraisal Valuation Property Taxes Inspection 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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Valuation Business Buyers Market Value 147

Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. The good news is that the early adopters will thrive.

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Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JUNE 7, 2024

Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Don’t forget to include your contact information and a call to action such as: “Call/text me to learn about your home’s current market value.” Who’s it for? Who’s it for?

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Real Estate Open Houses Agents Sellers 468

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. It’s simply a tool to create a detailed floor plan and measure a home. What is a Valuation Model?

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Inspection Appraisal Technology Clients 374

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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Appraisal Inspection Valuation Appraisal Process 78

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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Appraisal Valuation Real Estate Appraisal Process 36

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on.

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Agents Appraisal Renovations Development 378

McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? Sign up now. CE course: Avoiding Mortgage Fraud.

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Appraisal Contracts Market Value Clients 103

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

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. Also, alternate valuation products often share more details about their data and methods.

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Valuation Real Estate Technology Tools 36

D Fritz Appraisals

DECEMBER 16, 2022

These assessments provide a valuation of each property as of July 1 st in the previous year (So 2023 tax assessments are based on the value of homes on July 1 st, 2022). While the actual dollar valuation of the property is not the basis for your tax bill (i.e. Size of home in square feet. Number of rooms. Age of home.

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Property Taxes Valuation Appraisal Real Estate 116

McKissock

MARCH 30, 2021

” The result was the indicated “Sales Price” for real estate sales folks—or, when used by appraisers, the indicated “Market Value.” If a few more wheels were added, it might be an alternative for some of those automated valuation models (AVMs)? We must adapt or we will surely be left behind.

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Valuation Real Estate Appraisal Market Value 95

D Fritz Appraisals

SEPTEMBER 19, 2019

An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. What is an Online Home Value Estimator? An online home value estimator is a website or online tool that gives you a rough idea of what your home is worth, based on things like its address, square footage, lot size, and age.

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Home Value Appraisal Real Estate Agent Tools 78

Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

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Home Value Valuation Mortgage Real Estate 69

Boston Appraisal

JULY 6, 2023

In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal. By providing an objective assessment of the property’s market value, an appraisal can aid in dispute resolution, assist in legal arguments, and guide negotiations.

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Appraisal Legal Market Value Appraisal Process 78

Appraisal Partners Blog

JANUARY 6, 2025

Introduction Real estate investment is a complex endeavor requiring careful planning, diligent research, and a thorough understanding of market dynamics. At the heart of every successful investment strategy lies the crucial element of accurate property valuation, which is where professional appraisals become indispensable.

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Real Estate Investing Appraisal Investors 78

D Fritz Appraisals

MAY 13, 2024

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. Your appraiser can accurately assess your property’s worth, considering your area’s latest market trends and comparable sales.

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Real Estate Buyers Sellers Appraisal 122

Simonson Real Estate

APRIL 27, 2020

We reference two important points – Guide Notes 10 and 12 from the Appraisal Institute – which are as follows: The analysis is being performed with as much current information and market feedback as possible. Changes after the date may affect the value. Here is what Simonson Appraisals is doing during the eye of this valuation storm.

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Real Estate Appraisal Valuation Clients 78

Simonson Real Estate

OCTOBER 23, 2020

COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Key Language in Letter of Transmittal. Regional Analysis is Relevant.

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Appraisal Retail Tenants Real Estate 143

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Proof of income, not the market rent. There was no parallel change in the GSE policies to allow the use of STRs in the formation of an opinion of Market Rent. If only it was that simple.

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Appraisal Tenants Investors Business 148

AmeriMac

DECEMBER 15, 2024

It helps to get an objective and fair assessment of a property’s market value, and a low appraisal can also serve as a negotiating tool for buyers. Simply put, an appraised value is determined by a qualified professional called an appraiser. They manage the appraisal process to find out the market value of homes.

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Tools Appraisal Appraisal Process Valuation 36

Appraisal Hub

MARCH 27, 2024

The Role of Commercial Real Estate Appraisal A commercial real estate appraisal is a comprehensive evaluation conducted by certified appraisers to determine the value of a property. This valuation plays a crucial role in various aspects of property management and investment, including sales, financing, and, importantly, taxation.

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Property Taxes Real Estate Appraisal Valuation 78

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.  This licensed professional is generally more competent to do such a valuation than most real estate agents.

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Marketing Real Estate Agent Real Estate Valuation 69

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

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Appraisal Agents Valuation Real Estate 79

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. What exactly is a Zestimate?

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Real Estate Agent Real Estate Sellers Realtors 74

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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Contracts Appraisal Market Value Real Estate 64

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.

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Appraisal Real Estate Real Estate Agent Contracts 85

Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. Enhanced Reports Another appraiser leveraged AI tools to generate detailed market analysis reports. A friend had dense breasts.

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Appraisal Contracts Architecture Mortgage 85