What To Do When You’re Faced With a Low Appraisal Have you ever been in a situation where you’ve found the perfect house, gotten your offer accepted, and everything seems to be moving along? Then the report comes back, and you’re hit with a low appraisal. What now? This is one of the most common […]
Common Appraisal Misconceptions: What You Think You Know Might Be Wrong
Appraisal Misconceptions Are More Common Than You Think Let’s face it—real estate appraisals can feel mysterious if you’re not an appraiser. I’ve been doing this work for over 30 years, and I still run into smart, experienced professionals who have some appraisal misconceptions that lead them to misunderstand key parts of the appraisal process. Whether […]
Answering Common Appraisal Questions and Establishing Your Expertise as an Agent – Part 3: A Guide for New Agents
Common Appraisal Questions Agents Should Be Able to Answer As a new real estate agent, you probably already know the importance of appraisals in your sales transactions. Whether you’re representing a buyer or a seller, appraisals can play an important part in the deal’s success—or its failure. In the previous posts, we covered the basics […]
The Appraisal Process & What Appraisers Look For: Part 2- A Guide for New Agents
A Primer for Agents About the Appraisal Process As a new real estate agent, you’ll quickly realize that the appraisal process can be one of the most crucial—and sometimes confusing—parts of the buying and selling process. Appraisers play an important role in determining a property’s market value, and their value estimates can influence everything from […]
Understanding the Basics of Real Estate Appraisal: Part 1-A Guide for New Agents
A New Agent’s Guide to the Basics of Real Estate Appraisal Starting out as a real estate agent can be overwhelming. You’re juggling paperwork, client expectations, and the intricacies of the market. One area that often causes confusion is the appraisal process. Understanding this process is crucial, as it can significantly impact your transactions. In […]
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