You may ask “what is the difference?” A sale is a comparable (comp), right? Wrong! A comp is a sale, but a sale is not always a comp. Does this sound confusing? If so, stay with me and I will try to explain the difference between the two. I hope I can give you better […]| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn discusses common mistakes homeowners make in pricing their homes.| Birmingham Appraisal Blog
After looking over a weeks worth of real estate sales data I have found a trend in some market areas. That trend is the increasing gap between what a house was initially listed at and the final sales price. This is one of the statistics appraiser’s look at, and this week in one area I […]| Birmingham Appraisal Blog
Birmingham, Alabama appraiser Tom Horn discusses the importance of making sure that your home is priced accurately.| Birmingham Appraisal Blog
1. It costs too much money- Really? If you think about the fact that by pricing the home correctly you could cut the marketing time down and reduce marketing costs, this becomes a no brainer. In addition, the modest cost would probably not exceed future price reductions that you may need because it was priced […]| Birmingham Appraisal Blog
