I spoke recently at a local Realtor group about how Realtors could “think like an appraiser”. By being on the same page as the appraiser I believe that there will be fewer value issues on the back end of the sales transaction. By following similar methods as appraisers to arrive at their list prices, Realtors […]
Market Value: The X-Factor in Most Real Estate Transactions
November 16, 2011 By Leave a Comment
Most people have a good idea of what market value is. A short and abbreviated definition of Market Value is as follows: Market value is the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, […]
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