Is preventing appraisers from doing their job on the rise? In a recent episode of Phil Crawford’s “Voice of Appraisal” podcast show on Youtube (he starts talking about it at around the 27:30 marker), the host reported that some appraisers are being denied access by agents to homes they have been asked to appraise. It seems […]
Why agents should be aware of the sales history of the subject property
August 24, 2016 By 4 Comments
What can the sales history of the subject property tell us? In a recent post about red flags that agents should be aware of in an appraisal I noted that big increases in asking and/or contract price for a home within a short period of time can create a red flag to appraisers and lenders. Appraisers are […]
5 Red flags during a home appraisal that agents should be aware of
August 2, 2016 By 6 Comments
Red flags during a home appraisal that agents should avoid If real estate agents knew about the red flags during a home appraisal that appraisers are on the lookout for then they could do a better job of pricing their listings and providing backup support for their contracts. Providing tangible market data for your listings […]
How appraisers search for comps
July 28, 2016 By 5 Comments
Ever been curious how appraisers search for comps? My topic today about how appraisers search for comps is a continuation of a theme I’ve written about lately to assist real estate agents in pricing their listings. As I have stated in the past, if agents know how to think like an appraiser and price their […]
How agents should calculate price per square foot
July 20, 2016 By 10 Comments
Do you calculate price per square foot correctly? I know you probably think this is a no brainer question but it is one I decided to write about because I consistently see agents including the wrong areas in their total square footage figures. Not all areas and rooms in the house are created equal and […]
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