Does a finished basement add value? A question I get quite often from agents is “Does a basement add value to a home and how much value should I use? This usually occurs when they are doing a CMA and looking at comps to come up with a value for a listing. The simple answer […]
Agents, are you preventing appraisers from doing their job?
August 30, 2016 By 4 Comments
Is preventing appraisers from doing their job on the rise? In a recent episode of Phil Crawford’s “Voice of Appraisal” podcast show on Youtube (he starts talking about it at around the 27:30 marker), the host reported that some appraisers are being denied access by agents to homes they have been asked to appraise. It seems […]
Why agents should be aware of the sales history of the subject property
August 24, 2016 By 4 Comments
What can the sales history of the subject property tell us? In a recent post about red flags that agents should be aware of in an appraisal I noted that big increases in asking and/or contract price for a home within a short period of time can create a red flag to appraisers and lenders. Appraisers are […]
6 Appraisal blog posts that will make you a better real estate agent
August 17, 2016 By 10 Comments
These 6 blog posts by appraisers can make you a better real estate agent This week I want to share with you some helpful blog posts from my fellow appraisers that will make you a better real estate agent. I think these posts will help you become a more knowledgeable and effective agent because it will […]
5 Stats that describe the Birmingham AL real estate market
August 11, 2016 By 6 Comments
What are the best stats that describe the Birmingham AL real estate market? Almost every time I visit a home to do an appraisal there is one question I get more than any other, and that is “how is the real estate market?”. That’s a question that takes more time than just saying “good” or […]
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