Showing posts with label appraisal best practices. Show all posts
Showing posts with label appraisal best practices. Show all posts

Wednesday, November 4, 2015

Dave Radcliffe, Realtor, Featured as an Expert Panelist

The Appraisal Institute Presents...

David Radcliffe of Keller Williams Realty Southwest Las Vegas will be featured as an expert panelist at the Las Vegas Market Symposium 2015 located at the Suncoast Hotel and Casino. The Las Vegas Chapter of the Appraisal Institute will host this full day course  and market update on Thursday, November 5th, 2015 from 830-430.


The Market Symposium brings together expert and experienced professionals to speak about the past and expected upcoming real estate market changes in Southern Nevada. Dave will be sharing about the single family residential market where there will be an overview of buyer behaviors, forecasting of new home construction, residential and commercial lending, projections from investors and vacant land, time elements in short sales and foreclosures, changes and inventory trends  and a look at how the local Las Vegas Market compares and stacks up to National Real Estate throughout the country.


About Dave...

https://www.youtube.com/playlist?list=PL59bZyfpojrmNtGVwJS8WQCwZ38lrSJRhOut of more than 10,000 real estate agents in the greater Las Vegas and Clark County area,  Dave Radcliffe ranks among the Top 1% of Realtors® as number 101 during the second quarter of 2015. Dave Radcliffe ranked number 1 in 2014 as the top producing individual out of 172 Realtor-Agents in his office. Dave has a team of top producing agents and ranks consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas because he is all about customer service and utilizing the best resources in the real estate business. The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. 


As a retired police officer, Dave is passionate about giving back to the service community and dedicates much of his time giving and supporting the Las Vegas Metro Police Department, Firefighters and Military at Nellis Air Force Base. Military, Fire and Law enforcement never pay a full commission when they work with the Radcliffe Group. The Radcliffe Group can assist you in your Las Vegas PCS or relocation, New Home Construction purchase, Condo and Luxury Home purchase. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home


Check out and subscribe to our YouTube Channel and follow our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com

Written by Nickel Lowman

For Dave Radcliffe, The Radcliffe Group

Keller Williams Realty Southwest

702-379-3401




Tuesday, February 24, 2015

Best Practices to Preapre for A Home Appraisal with Kelly T. Wade and David Radcliffe



Preparing Your Home for the Appraisal

Dave Radcliffe of The Radcliffe Group at Keller Williams Realty Southwest discusses what the best practices for preparing your home for an appraisal are with Kelly T Wade, SRA of Wade Valuation Services. Kelly is a provider of real estate appraisal, appraisal review, and consultation. At Wade Valuation Services, Quality, Integrity, and Respect are more than rhetorical statements; with 30+ years of professional appraisal industry experience and proven results, Kelly is someone that Dave trusts and recommends. 


Our goal at The Radcliffe Group is to help you present and sell your property for the best and highest price, eliminating all real estate nightmares. There are a few key things you can do to Prepare Your Home for the Appraisal. 

Understanding a few key real estate terms is helpful:

What is an Appraisal?
An appraisal is a written justification of the price paid for a property, primarily based on an analysis of comparable sales of similar homes nearby.

Is a Home Inspection the same thing as an Appraisal?
No- A home inspection is a thorough inspection by a Home Inspection professional that evaluates the structural and mechanical condition of a property. A satisfactory home inspection is often included as a contingency by the purchaser.

Who is an Appraiser?
An appraiser is an individual qualified by education, training, and experience to estimate the value of real property (and personal property). Although some appraisers work directly for mortgage lenders, most are independent. Most realtors are not Appraisers.

What is the Appraised Value?
The appraised value is an opinion of a property's fair market value, based on an appraiser's knowledge, experience, and analysis of the property. Since an appraisal is based primarily on comparable sales, and the most recent sale is the one on the property in question, the appraisal usually comes out at the purchase price.

What is the best way to prepare for an Appraisal?
Step one and most important, make sure the home is listed with a qualified agent. Your agent will suggest any necessary major repairs that should be completed before appraisal. Often these repairs are suggested before listing the home or before the home inspection, that way, come time for a buyer to view your property they see the best possible home you can offer. Be sure all repairs are complete before the appraisal, as the appraisal will be the final word on the homes valuation.

An appraiser is looking at the house, not furniture or personal property, it’s a visual inspection to make sure the home is inhabitable and priced correctly for lending and resale purposes. Different loan types have different requirements for appraisals, the rule of thumb is make sure there are not broken windows, broken exterior door locks, safety issues or missing straps on the water heater. The appraiser is doing a visual inspection looking for safe and sellable; structurally sound plumbing, doors, windows, and garbage disposal. He will compare these features and other upgrades to comparable properties in the neighborhood to determine your home’s value. When it comes to condition, cleaned up, looks nice and helps him feel comfortable when determining the market range vs. a home where this feel in disarray which can affect the price. Sold properties nearby will help the appraiser compare data to determine the value.

Avoid Re-inspection fees, and follow your Realtor’s instructions prior to the appraisal to yield the highest value when selling your home.

If you have more questions on how to prepare for the appraisal process, give us a call we are happy to help! The Radcliffe Group is your Las Vegas, Summerlin, Centennial Hills, and North Las Vegas real estate connection. Ranking consistently as one of the top real estate teams at Keller Williams Realty Southwest Las Vegas, Dave also ranked number 1 in 2014 as the top producing individual out of 172 Realtor- Agents in his office. Specializing in helping Las Vegas and North Las Vegas homeowners sell their home for the highest market value, Dave and his team will help you yield your highest profit. Call 702-379-3401 when it is time to sell your Las Vegas, Summerlin, Centennial Hills or North Las Vegas Home

Thank you for tuning in, subscribe to our YouTube Channel and check out our Las Vegas Real Estate Blog at: www.DaveRadcliffeVegas.com


Written by Nickel Lowman
For Dave Radcliffe
With definitions from RealEstateABC
The Radcliffe Group
Keller Williams Realty Southwest
702-379-3401