When I first got into the appraisal profession the guy I learned from would always say: “Appraisers don’t make value, they report it”. This is more true today than ever before. Appraisers have been getting a lot of bad press, especially recently, because we are being accused of killing deals. In my opinion, which I […]| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn discusses what a listing agent can do to be proactive in the appraisal process.| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn answers the question: What Is A Comparable? Find out what criteria appraisers use to choose comps.| Birmingham Appraisal Blog
I get asked this question a lot, so I thought I would address this issue that many people are curious about. I don’t think it happens ALL the time but I know real estate agents have seen it enough to question why it seems the appraisers value is the same as the contract amount. To […]| Birmingham Appraisal Blog
Many people know what an appraisal is, and they’ve heard of a CMA (Comparative Market Analysis) and a BPO (Broker Price Opinion) but they don’t know the difference. Today I thought I would compare these 3 methods used to estimate the value of a property. Comparative Market Analysis (CMA)- The CMA is performed by real estate […]| 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
When I call a homeowner to set up the appointment to do an appraisal on their home the most common question I get is “What do I need to do before you get here?”. Today I thought I would share with you what I tell them so that it might help you the next time […]| Birmingham Appraisal Blog
Tom Horn, Birmingham, AL real estate appraiser answers questions about various appraisal related issues in his "Ask The Appraiser" section of his blog.| Birmingham Appraisal Blog
