Comparables: The Building Blocks Of An Appraisal Appraisers throw around the word “comparable” all the time but how often have you had one sit down with you and explain to you what a true comparable is? Comparables are more than just sales as I pointed out in a past blog post, they are the building […]
5 Items An Appraiser Looks For In An MLS Listing
September 22, 2014 By 8 Comments
Appraisers are the Sherlock Holmes of real estate Much of what a real estate appraiser does is akin to a detective’s work. We dig through data to uncover the mystery of value. A major source of this date is the local multiple listing service (MLS), and whether real estate agents know it they hold the […]
How appraisers and real estate agents can work together
September 19, 2014 By 7 Comments
Appraisers: The Detectives Of Real Estate After speaking with some real estate agents at their office recently during a presentation I left knowing that many agents now understand that it is o.k. for agents and appraisers to talk. In the past many were under the impression that there could be no communication between the two. […]
Top 5 Selling Subdivisions in Hoover, Alabama-2014
September 15, 2014 By 2 Comments
Birmingham, AL Real Estate Market Improving According to Tom Brander’s Alabama Real Estate Market Trends website the Birmingham, Alabama area was 6% ahead of last year in dollar sales as of mid year. In addition to an increase in total dollar sales there has been an increase in the number of homes sold, including new […]
What is an estate appraisal?
September 9, 2014 By 2 Comments
Understanding the Estate Appraisal An estate appraisal is typically performed to determine the market value of real estate after the owner has died. A market value appraisal is required so that the estate can be divided among the heirs, if that was the desire of the owner and it was in their will. In addition, […]
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