Do You Know The Factors That Influence Your Home’s Value? During a discussion recently with a homeowner, I was asked: “what can I do to increase the value of my home”? Keep in mind that I had called them to set up an appointment for an appraisal to be done that week. They wanted to know […]
10 Appraisal mistakes new agents make and how to avoid them
July 6, 2017 By 11 Comments
Common appraisal mistakes new agents make Are you a new real estate agent? Are you unsure about the appraisal process? If you answered yes to these questions then this post is for you. There are numerous potential appraisal mistakes new agents make but by becoming familiar with the items discussed here you can reduce the […]
How appraisers search for comps
July 28, 2016 By 5 Comments
Ever been curious how appraisers search for comps? My topic today about how appraisers search for comps is a continuation of a theme I’ve written about lately to assist real estate agents in pricing their listings. As I have stated in the past, if agents know how to think like an appraiser and price their […]
What does the appraiser do when there are no comps?
November 26, 2013 By 107 Comments
A concerned agent called me the other day worried about what would happen if the appraiser could not find comps for a house that she was selling. I assured her that even though it looked like there were no comps, there probably were if you looked a little more. This provided a good opportunity to […]
Where are appraisers allowed to get comps from?
September 13, 2013 By 6 Comments
I was speaking with a real estate agent recently and he mentioned to me that an appraiser, who was working on an appraisal of a house he was selling, told him that if he did not use comps from within the subdivision the house was located in he would get his license taken away. One […]
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