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 […]
What is the value of a gated neighborhood?
August 9, 2016 By 4 Comments
Do homes in a gated neighborhood sell for more? If you’ve ever wondered about the value of a gated neighborhood you’ll want read to this post to the end because I’m going to share what I found during a recent appraisal assignment. While we’re focused on a gated neighborhood in this discussion, the process we […]
5 Red flags during a home appraisal that agents should be aware of
August 2, 2016 By 6 Comments
Red flags during a home appraisal that agents should avoid If real estate agents knew about the red flags during a home appraisal that appraisers are on the lookout for then they could do a better job of pricing their listings and providing backup support for their contracts. Providing tangible market data for your listings […]
How appraisers search for comps
July 28, 2016 By 5 Comments
Ever been curious how appraisers search for comps? My topic today about how appraisers search for comps is a continuation of a theme I’ve written about lately to assist real estate agents in pricing their listings. As I have stated in the past, if agents know how to think like an appraiser and price their […]
How agents should calculate price per square foot
July 20, 2016 By 10 Comments
Do you calculate price per square foot correctly? I know you probably think this is a no brainer question but it is one I decided to write about because I consistently see agents including the wrong areas in their total square footage figures. Not all areas and rooms in the house are created equal and […]
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