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The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight

Concept Appraisals

Are older stales still relevant in residential appraisal reports? An older sale may be more appropriate in situations when market conditions have impacted the availability of recent sales as long as the appraisal reflects the changing market conditions. The answer isn’t as simple as black and white.

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The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight

Concept Appraisals

Are older stales still relevant in residential appraisal reports? An older sale may be more appropriate in situations when market conditions have impacted the availability of recent sales as long as the appraisal reflects the changing market conditions. The answer isn’t as simple as black and white.

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Why MLS Data Matters to Appraisers and How it Benefits You

Concept Appraisals

As a Residential Real Estate Appraiser, I’m here to shed light on how so much of the information in your MLS listing does more than just describe a property to make a sale–it fuels accurate appraisals and drives your transactions toward success. Think of MLS data as the unsung hero of real estate success.

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Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

These factors include the property's condition, location, recent sales of similar properties, and local market trends. Continuing Education: The real estate industry is dynamic, with changing market conditions and regulations. Local Knowledge: Local market knowledge is vital.