Can A Pre-Listing Appraisal Help Sell An Expired Listing? In the dynamic world of real estate, one of the most challenging situations you may encounter is dealing with an expired listing that just won’t sell. Despite your best efforts, sometimes a property lingers on the market, leaving both you and your client frustrated. In such […]
The Pitfalls of Outlier Sales in Pricing a Listing
September 27, 2023 By 2 Comments
Should Outlier Sales Be Used When Pricing a Listing? Pricing a listing is both an art and a science. Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. However, in the quest for accuracy and reliability, one common mistake that real estate […]
Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents
July 13, 2023 By 4 Comments
How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions. Pricing a property correctly from the outset is crucial for attracting potential buyers […]
How Residential Real Estate Appraisers Can Benefit and Help Accountants Do Their Job
June 8, 2023 By 4 Comments
Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Their expertise goes beyond helping buyers and sellers determine accurate market value. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes. In this blog post, I will […]
What is External Obsolescence?
October 4, 2022 By 4 Comments
A Look at External Obsolescence External obsolescence is not something you hear about every day. If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. If you break down the […]
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