Guilt by Association? Not Necessarily As a listing agent trying to make sure their client’s home appraises, I know the concern: if the Comp’s you provide to the Appraiser are all less valuable than your client’s home (known as the “subject property”), they’ll drag its price down, too. Not necessarily. Step #1 is to realize that...Read More
Real Estate Vocabulary #101 At least when it comes to residential real estate, when is a positive a negative, and a negative a positive? Answer: when it comes to doing a Comparative Market Analysis (“CMA”), the tool Realtors — as well as appraisers — use to estimate a property’s fair market value. CMA Math So,...Read More
