Is The Agent Liable If No Appraisal Is Done?

What Do You Mean I Don’t Need An Appraisal? With the growing trend of non-traditional appraisal products such as Property Inspection Waivers (PIW’s) as well as cash sales, a question that has been raised is whether real estate agents can be held liable if no appraisal is done. Today I’m going to discuss the concerns […]

The Importance Of Accurate MLS Information

Accurate MLS Information Is Necessary For Reliable Appraisals Have you heard the old saying “garbage in garbage out”? Do you know what it means? It basically means that the quality of output is determined by the quality of input. In appraising this means that the quality of our appraisal results is a direct result of […]

9 Things You Must Avoid Doing If You Want To Price A Listing Accurately

How To Price A Listing Accurately If you want to price a listing accurately there are certain things that you’ll want to avoid doing. In my 25+ years as a real estate appraiser, I have seen numerous reasons that the appraisal and contract do not match up. Appraisers have been accused of being deal killers […]

6 Steps Agents Can Take When There Are No Comps To Price A Listing

What If There Are No Comps To Price A Listing? Sometimes when speaking at real estate agent meetings I will be asked what an agent can do when there are no comps to price a listing. Finding good sales can sometimes be difficult but it has to be done in order to accurately list a […]

Agent’s Source Of Square Footage May Affect Sale Price

Does Square Foot Source Affect Sale Price? If you are a real estate agent you may want to stick around and read this to the end. The source of square footage information that you use in your listings could possibly affect what you sell it for. If you use county tax assessor information as a […]

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