Understanding your local market As homeowners, it’s good to know a little bit about the market our home is located in. There’s no need to be a professional statistician but it’s really not necessary. There are a couple of real estate stats that are good to know as they can give us a feel for […]
5 Real estate stats homeowners should know and a Shelby County market update
August 22, 2017 By 4 Comments
6 Things agents should consider when picking comps for their listings
August 10, 2017 By 17 Comments
Comp selection is key to pricing They say that when appraising a home 90% of the battle is picking comps that closely match your listing. I think that this could be said for pricing a home as well. If you nail comp selection then the value indication will be more accurate and reliable. You shouldn’t […]
What first time home buyers should know about the appraisal process
July 27, 2017 By 5 Comments
First time home buyers: Don’t let appraisals confuse you I get it. Appraisals can be confusing. That is why I wanted to take a minute this week to help explain what first time home buyers should know about the appraisal process. If you are a first time home buyer and have a question that is […]
How agents can use multiple offers to help the appraiser
July 20, 2017 By 12 Comments
Got multiple offers? I think agents are missing out on a secret weapon at their disposal. What is the secret weapon your ask? Multiple offers. As you probably know, multiple offers can occur during the sale of a home when more that one party wants to purchase the property. This can occur when the number […]
How do you appraise an in-law suite?
July 13, 2017 By 30 Comments
A reader’s question about appraising homes with an in-law suite I was recently asked a question by real estate agent Tammy Anderson about how appraisers might appraise an in-law suite. She was specifically curious about whether a second kitchen and entrance might cause trouble in the valuation. If you have any further questions about an in-law […]
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