Communication is key in everything. An appraisers job is to communicate the value of real estate to their clients and we accomplish this typically by producing a report that gives detailed information about the property we are appraising as well as market data that supports our opinion of value. Because this is part of our […]
Clearing the air- A look at exactly what real estate agents and appraisers can talk about
December 6, 2013 By 4 Comments
It seems there is still some confusion about what real estate agents and real estate appraisers can talk about. Many believe that there can be no discussion between the two and others still have no idea that it is unethical to suggest to an appraiser that a home should appraise for a certain amount. The […]
What does the appraiser do when there are no comps?
November 26, 2013 By 107 Comments
A concerned agent called me the other day worried about what would happen if the appraiser could not find comps for a house that she was selling. I assured her that even though it looked like there were no comps, there probably were if you looked a little more. This provided a good opportunity to […]
How to prepare for an appraisal inspection
November 19, 2013 By 14 Comments
When I call a homeowner to set up the appointment to do an appraisal on their home the most common question I get is “What do I need to do before you get here?”. Today I thought I would share with you what I tell them so that it might help you the next time […]
What qualifies as “finished” basement area?
November 15, 2013 By 24 Comments
I was asked a question this week about what qualifies as “finished” basement area in a home. An agent was going to list a home and the basement area had some partitioned sheetrock walls in the basement. The homeowner wanted to count this as finished area, so the agent wanted to get clarification on how […]
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