The Appraisal Process & What Appraisers Look For: Part 2- A Guide for New Agents

A Primer for Agents About the Appraisal Process As a new real estate agent, you’ll quickly realize that the appraisal process can be one of the most crucial—and sometimes confusing—parts of the buying and selling process. Appraisers play an important role in determining a property’s market value, and their value estimates can influence everything from […]

Pending Sales May Be Your Secret Weapon To Accurate Pricing

How Pending Sales Help You Price a Listing Right the First Time Have you had an appraisal come in below the contract price on a recent listing? You’re probably not the only one. When you set a list price using only closed sales, you’re looking in the rear‑view mirror. Those sales show what buyers paid […]

Appraisal Comparable Guidelines: A Cheat Sheet for Agents

What Makes a Good Comp? Pricing a listing correctly is one of the most critical skills a real estate agent can develop. List a home too high, and it sits on the market, developing a stigma that can lead to lowball offers. List it too low, and the seller may leave money on the table. […]

Why Is the Square Footage in Public Records Different from the Appraisal?

Square Footage: Why Accuracy Matters Square footage is one of the most critical factors in determining a home’s value, yet it is often misunderstood. Many homeowners and real estate agents assume that the square footage listed in public records is accurate, but that’s not always the case. When an appraiser measures a home, their calculation […]

Appraisal 101: Key Facts You Might Not Know

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. On the surface it looks like the appraiser visits your home, does some measuring, and looks around. Beyond what you […]

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