Common appraisal mistakes new agents make Are you a new real estate agent? Are you unsure about the appraisal process? If you answered yes to these questions then this post is for you. There are numerous potential appraisal mistakes new agents make but by becoming familiar with the items discussed here you can reduce the […]
7 Reasons sales contracts come in higher than appraisals
May 3, 2017 By 13 Comments
Top reasons sales contracts come in higher than appraisals I hear agents make the statement all the time that “the appraisal came in low” or “the appraisal was lower than the contract price”. I always get the impression that the people who say this believe that the appraisal is wrong, however, today I would like […]
5 Things to consider when pricing your home in the current market
April 5, 2017 By 5 Comments
Pricing your home in the current market When we talk about pricing your home in the current real estate market what should we really be looking at? There are some basic indicators that we have to consider when discussing how healthy the Birmingham housing market is. These indicators include the following: Number of homes sold, […]
How old can an appraisal comp be?
March 22, 2017 By 6 Comments
Can’t find a good appraisal comp? A concern I often get from real estate agents is that there are no comps to price their listings. After I start discussing the situation with them and talking it through, it turns out that there are comps but you have to know where to look. Today I thought […]
Why agents should include bad sales as well as the good sales
January 17, 2017 By 13 Comments
Are you giving bad sales to the appraiser? I’ve written in the past about how it is helpful for agents to provide a home sellers packet to the appraiser. This packet can include numerous items but the thing I want to discuss today is the sales (good and bad sales) that they used during their CMA […]
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