People outside of the Birmingham, Alabama market area may not know what A.G.D.A. is but they would probably understand its importance. A.G.D.A. stands for Appraiser Group Data Association. It consists of a group of real estate appraisers in the Birmingham metro area that collects data on homes they appraise and share it with one another. […]| Birmingham Appraisal Blog
Have you ever wondered why the appraiser needs a copy of the sales contract? They’re just going to use it to come in at the contract price, right (not really)? If you’ve ever asked yourself this question I hope I can help you understand why it is important that the appraiser review the sales contract […]| Birmingham Appraisal Blog
Geographic competence in appraising has become a hot topic over the last couple of years. It refers to an appraisers knowledge of a market and his/her ability to produce an accurate and reliable report. One way to measure this is by looking at someones experience of working in an area. Take a look below at […]| Birmingham Appraisal Blog
It seems there is still some confusion about what real estate agents and real estate appraisers can talk about. Many believe that there can be no discussion between the two and others still have no idea that it is unethical to suggest to an appraiser that a home should appraise for a certain amount. The […]| Birmingham Appraisal Blog
I had a reader email me a question last week asking why they should get an appraisal on their home, and I want to share with you the answer I gave them with the hope that it can help you make a similar decision. This person asked me “Why do I need to get an […]| Birmingham Appraisal Blog
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 […]| Birmingham Appraisal Blog