Episode 112 - Your House is Weird
Real Estate Appraisal Between The Lines
English - March 15, 2022 06:00 - 12 minutes - 7.32 MB - ★★★★★ - 9 ratingsCareers Business Education How To cma appraisal brokerage realestatetraining Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 111 - MLS Sheets: Accuracy Matters
Next Episode: Episode 113 - Teaching an Old Dog New Tricks
Episode 112 - Your House is Weird
Do you remember the term “functional obsolescence” from your real estate classes? Probably not. However, I’m confident you have seen a “weird” house. Something about the house just made it look off or not function well. What did you do about it? Ignoring it is not the answer.
SHOW NOTES
02:03 – Functional obsolescence. What does that mean? 03:38 – Example: four-bedroom home with one bath. 06:00 – What does the market expect the home to include? 07:49 – Something on the exterior of the home could be “weird” too. 10:00 – Make market adjustments when the market sees the element as atypical.
BETWEEN THE LINES LINKS
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https://www.facebook.com/groups/realestatebetweenthelines/
https://www.facebook.com/Brian-C-Lee-111822417027919/?
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https://www.youtube.com/channel/UCcv4dHU39-b5_QVVCIhbcBA?