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. […]
The Hidden Risks of Appraisal Waivers: What Homebuyers and Homeowners Need to Know
March 4, 2025 By 11 Comments
Important Information About Appraisal Waivers Imagine this: You’re buying a home, and your lender offers you an appraisal waiver. You’re told this will save time, reduce hassle, and even cut costs. It sounds like a great deal, right? But what if I told you that skipping the appraisal could lead to overpaying for your home, […]
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 […]
Appraisal 101: Key Facts You Might Not Know
January 29, 2025 By 4 Comments
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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