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 […]
The Fallacy of Price Per Square Foot and a Highway 280 – Chelsea Real Estate Update
February 12, 2019 By 3 Comments
A Radio Show and a Highway 280 – Chelsea Market Update I recently had the opportunity to be on Genny Williams’ radio show “Life Along 280 & Chelsea: Discussing Your Property Values!” on Kool 96.9. This show is focused on real estate along the Highway 280 Corridor, which includes the Chelsea area. Being a long […]
What Is A Bifurcated Appraisal And Why Should I Care?
February 6, 2019 By 21 Comments
A Closer Look At The Bifurcated Appraisal They go by various names including hybrid and bifurcated appraisal but they have one thing in common: they are being touted as the next best thing since sliced bread. Why are lenders so excited about them? They’ve been promoted for lowering the cost and shortening the turn around time […]
The Most Expensive Birmingham Home Sale For 2018
January 29, 2019 By 2 Comments
The Most Expensive Birmingham Home Sale Is Nothing Like New Yorks Have you heard about the recent sale in New York that set the record for the highest sale in U.S. history? Ken Griffin, who is a billionaire hedge fund manager, purchased a 23,000 square foot penthouse in Central Park for $238,000,000. That’s a little […]
Are Builder Premiums Really Worth What They Charge?
January 22, 2019 By 4 Comments
How Appraisers Handle Builder Premiums Have you ever built a new home and had the builder inform you that the lot had a premium on it because of where it was located? Or did they tell you that there was an upgrade package that increased the cost? Today I thought I would discuss how appraisers […]
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