What To Do When You’re Faced With a Low Appraisal Have you ever been in a situation where you’ve found the perfect house, gotten your offer accepted, and everything seems to be moving along? Then the report comes back, and you’re hit with a low appraisal. What now? This is one of the most common […]
The Appraisal Process & What Appraisers Look For: Part 2- A Guide for New Agents
May 28, 2025 By 2 Comments
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
May 7, 2025 By 8 Comments
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
March 26, 2025 By 8 Comments
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?
February 11, 2025 By 6 Comments
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 […]
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