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Birmingham Real Estate News
A look at the Birmingham, Alabama real estate market
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Appraisal vs CMA vs BPO - What's the difference? - Birmingham Appraisal Blog

Appraisal vs CMA vs BPO - What's the difference? - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Tweet 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 …
Tom Horn-Real Estate Appraiser's insight:

There's a BIG difference between these 3 things. Find out which one is BEST for you.

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Shannon Slater's curator insight, May 3, 9:17 PM

Do you know the difference between a CMA, BPO, & Appraisal?  Great explanation of the differences in this post from appraiser Tom Horn. 

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Some Zillow Listings Are Not For Sale

Some Zillow Listings Are Not For Sale | Birmingham Real Estate News | Scoop.it
Did you know that some Zillow listings are not for sale? The site shows pre-foreclosure properties that may never come on the market.
Tom Horn-Real Estate Appraiser's insight:

Zillow is at it again. Really? Including listings that are not even for sale? Bill Gassett gives us the low down on what's happening.

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Bill Gassett's comment, April 27, 3:11 PM
Thanks for sharing @Tom Horn-Real Estate Appraiser and good to be able to link to your article in Listly!
Bill Gassett's comment, April 29, 6:47 AM
Thanks for sharing @Jennifer Cote!
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Blog roundup: A square footage resource guide for real estate agents - Birmingham Appraisal Blog

Blog roundup: A square footage resource guide for real estate agents - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Before getting a floor plan sketch Birmingham, AL real estate agents have numerous other options to choose from to get accurate square footage information.
Tom Horn-Real Estate Appraiser's insight:

We're coming up on first year anniversary of the Birmingham MLS requiring agents to include accurate square footage in their listings, so I thought I would share this resource guide I put together to help agents in doing this. If you have any questions please let me know.

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Health, Humidifiers, and Happiness!

Health, Humidifiers, and Happiness! | Birmingham Real Estate News | Scoop.it
Health
Cold weather signals the onset of colds, bronchial issues, flu, and airborne particles inside your home that will create illness in your family. The symptoms associated with winter illnesses are shared by each disease to a certain degree and are therefore, difficult to isolate. A common cold is most often experienced and frequents the children.
Tom Horn-Real Estate Appraiser's insight:

Don Johnson from Freedom Heating & Cooling provides a great article on humidifiers and their health benefits.

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How to Appeal Your High Birmingham, AL Property Taxes

How to Appeal Your High Birmingham, AL Property Taxes | Birmingham Real Estate News | Scoop.it
Do you want to know how to challenge high property taxes? Use our guide on how to appeal your homes assessed value to reduce your tax bill.
Tom Horn-Real Estate Appraiser's insight:

Bill Gassett gives helpful tips on appealing your property taxes. There are some steps you can take on your own that can help lower your taxes, however if that does not help then an appraisal can be helpful. Notices for the Birmingham, AL area will be out in May but you should look ahead because you only have 30 days to protest your value.

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Bill Gassett's comment, January 15, 7:31 PM
Thanks for sharing @Tom Horn-Real Estate Appraiser!
Tom Horn-Real Estate Appraiser's comment, January 16, 12:17 AM
Your welcome Bill!
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Why does the appraiser have to take pictures of every room in my house? - Birmingham Appraisal Blog

Why does the appraiser have to take pictures of every room in my house? - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham, AL appraiser Tom Horn provides answers to a commonly asked question: Why does the appraiser have to take pictures of every room in my house?
Tom Horn-Real Estate Appraiser's insight:

Find out why the appraiser takes pictures of the inside of your home. #appraisalfaq

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Tips For Selling a Home in The Winter

Tips For Selling a Home in The Winter | Birmingham Real Estate News | Scoop.it
Do you know how to sell a home in the Winter? Take a look at some of the top Winter home selling tips which Increase your real estate success!
Tom Horn-Real Estate Appraiser's insight:

Helpful tips for selling your home during the winter months. This time of year requires a little different approach and Bill Gassett does an excellent job of addressing all the issues that you can get in your way of having a great experience.

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Bill Gassett's comment, December 6, 2014 8:38 AM
Thanks for sharing how to sell a home in the winter @Tom Horn-Real Estate Appraiser
Tom Horn-Real Estate Appraiser's comment, December 6, 2014 9:37 PM
Your welcome Bill.
Bill Gassett's comment, December 23, 2014 11:09 AM
Thanks for sharing how to sell a home in the winter @Andrew Butler!
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Are You Secretly Under Surveillance? - Birmingham Appraisal Blog

Are You Secretly Under Surveillance? - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it

Have you recently moved into your dream home in a great neighborhood, only to find out that you are secretly under surveillance?  Read on to find out what could be happening.

Tom Horn-Real Estate Appraiser's insight:

Check out a past post of mine to find out why people have been taking pictures of your house.

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Shannon Slater's curator insight, December 6, 2014 11:00 PM

Have you ever noticed someone driving by your house and taking a picture?  Don't worry.   Here is an explanation as to why this may be happening. 

Tom Horn-Real Estate Appraiser's comment, December 7, 2014 10:05 PM
Thanks for sharing Shannon!
Shannon Slater's comment, December 7, 2014 10:39 PM
Your'e welcome Tom!
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How accurate is the Zillow Zestimate - YouTube

http://birminghamappraisalblog.com/ - Tom Horn discusses the accuracy of the Zestimates given by the Zillow website. Whenever you need to get an accurate est...
Tom Horn-Real Estate Appraiser's insight:

People are really fascinated with Zillow as you can see from the video I made looking at how accurate it is...or is not. It just went over 14,000 views!

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Knowledge is the Key to House Flipping in this Market — Collier Swecker | Real Estate News | Small Business | Technology

Knowledge is the Key to House Flipping in this Market — Collier Swecker | Real Estate News | Small Business | Technology | Birmingham Real Estate News | Scoop.it
Collier Swecker video blogs about what house flippers need to know in the current real estate market.
Tom Horn-Real Estate Appraiser's insight:

If you want to get into house flipping you need to listen to Collier's advice because it's not as easy as it once was.

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What Are The Costs With Buying a Home?

What Are The Costs With Buying a Home? | Birmingham Real Estate News | Scoop.it
What are the home buying costs for Massachusetts real estate? See a detailed list of fees associated with purchasing a home or condominium in Massachusetts.
Tom Horn-Real Estate Appraiser's insight:

Make sure you don't overlook these costs when buying a home!

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Bill Gassett's comment, October 21, 2014 9:09 PM
Thanks for the scoop on what the costs of buying a home!
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Pricing, Marketing, and Buying Unusual Homes for Sale

Pricing, Marketing, and Buying Unusual Homes for Sale | Birmingham Real Estate News | Scoop.it
Ever seen (or bought) a home that used to be a church? A castle? A fire station. Now and then, such properties come onto the market. But are they are a good buy? How does the seller price or market the property?
Tom Horn-Real Estate Appraiser's insight:

Appraising unusual homes can be a challenge so I know selling one can be also. Check out these 3 tips from Brendon DeSimone to help.

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How to Most Effectively Convert Zillow Leads - YouTube

You’re invited to RSVP now for the next upcoming “60 Minutes to 6 Figures” event on How to most Effectively Convert Zillow Leads with Special Guest Gusty Gul...
Tom Horn-Real Estate Appraiser's insight:

Zillow and Tulia's recent merger announcement is a game changer for real estate agents. Genny Williams interviews agent Gusty Gulas on how he has made Zillow work for him.

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Top 5 things an agent can do to get a listing ready for the appraisal inspection - Birmingham Appraisal Blog

Top 5 things an agent can do to get a listing ready for the appraisal inspection - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham real estate appraiser Tom Horn gives top 5 things an agent can do to get a listing ready for the appraisal inspection.
Tom Horn-Real Estate Appraiser's insight:

Here are some helpful hints to make sure the appraisal process goes off without a hitch.

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Should I Remodel My House Or Move

Should I Remodel My House Or Move | Birmingham Real Estate News | Scoop.it
Should I remodel my house or move is a question that many homeowners ponder. Getting clear on what you want and what it will cost are a must for both.
Tom Horn-Real Estate Appraiser's insight:

Bill Gassett provides some good questions for homeowners to ask themselves regarding moving or remodeling. 

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Bill Gassett's comment, April 23, 7:31 PM
Thanks for sharing @Tom Horn-Real Estate Appraiser
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A candid interview with Phil Crawford, host of "Voice of Appraisal" - Birmingham Appraisal Blog

A candid interview with Phil Crawford, host of "Voice of Appraisal" - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham, AL real estate appraiser Tom Horn has a candid interview with Phil Crawford, host of "Voice of Appraisal", about how we can improve our profession
Tom Horn-Real Estate Appraiser's insight:

"Voice of Appraisal" host Phil Crawford gives his thoughts on the future of appraising and what appraisers must do to thrive and survive in 2015. #philcrawford #voiceofappraisal

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How appraisers can help first time home buyers - Birmingham Appraisal Blog

How appraisers can help first time home buyers - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham, AL real estate appraiser Tom Horn discusses how appraisers can help first time home buyers, which are typically made up of millennials.
Tom Horn-Real Estate Appraiser's insight:

Appraiser's can be a great resource for first time home buyers by educating them on the appraisal process and showing them how they can use the appraisal as a tool to help them purchase their largest investment.

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Buyer's Agents vs Seller's Agents: What's The Difference

Buyer's Agents vs Seller's Agents: What's The Difference | Birmingham Real Estate News | Scoop.it
The difference between Real Estate agents who work with sellers or buyers. Make sure you hire a Realtor that specializes in one of the other.
Tom Horn-Real Estate Appraiser's insight:

Real estate agent Bill Gassett explains the differences between a seller's agent and a buyer's agent. Each has specific skills tailored to the type of customer they are serving and Bill describes what characteristics you should be looking for in each. 

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Tom Horn-Real Estate Appraiser's comment, December 22, 2014 6:54 PM
Thanks Bill. Hope you have a Merry Christmas.
Bill Gassett's comment, December 22, 2014 7:11 PM
You as well Tom!
Kyle Hiscock's curator insight, December 28, 2014 12:46 PM

Is there a difference?  Absolutely there is a difference.  There are certain skills that are needed for both types of real estate agents.

There is a misconception that a buyers agent is the same as a sellers agent.  This is the furthest from the truth.  When selling or buying a home it's recommended to interview prospective real estate agents.  It's important to find out whether prospective agents are buyers or sellers agents or a mixture of both.  

What exactly are the traits that each type of agent needs to possess? @Bill Gassett has put together another gem on this very topic.  He explains in detail what each type of real estate agent should know and do.

Check out Bill's article at http://www.maxrealestateexposure.com/real-estate-agent-who-works-with-sellers-vs-buyers/

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DW Slater Company, Real Estate Appraiser: We paid $30,000 for our pool last year and the appraisal only valued it at $15,000?

DW Slater Company, Real Estate Appraiser: We paid $30,000 for our pool last year and the appraisal only valued it at $15,000? | Birmingham Real Estate News | Scoop.it

Via Shannon Slater
Tom Horn-Real Estate Appraiser's insight:

A swimming pool is the classic example of cost not always being equal to value. Check out fellow appraiser Shannon Slater's article to understand why.

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8 facts to know about mold | HVAC DIY in Birmingham

8 facts to know about mold | HVAC DIY in Birmingham | Birmingham Real Estate News | Scoop.it
Tom Horn-Real Estate Appraiser's insight:

Helpful information from Don Johnson, the owner of Freedom Heating & Cooling, about mold, 8 facts you need to know.

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The Many Risks of Pricing Your Birmingham, AL Home Too High

The Many Risks of Pricing Your Birmingham, AL Home Too High | Birmingham Real Estate News | Scoop.it

What are the risks of pricing your home too high? Discover why overpricing a home can lead to missed sales, lost money and a lot of stress.

Tom Horn-Real Estate Appraiser's insight:

Real estate agent Bill Gassett makes some excellent points about pricing your home too high, one of which is it not appraising when you go to get a loan. Don't let this happen to you. One way to get a more accurate asking price besides hiring a real estate agent is to get an appraisal. The appraiser will use comps based on appraisal industry and mortgage underwriting guidelines so the change of it not appraising on the back end of the transaction is reduced. 

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Bill Gassett's comment, November 28, 2014 9:11 AM
Thanks for sharing the home pricingadvice @Tom Horn-Real Estate Appraiser
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Answers to appraisal questions - Birmingham Appraisal Blog

Answers to appraisal questions - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham, AL real estate appraiser Tom Horn answers some appraisal questions he was asked recently about comps, home updates, and types of appraisals.
Tom Horn-Real Estate Appraiser's insight:

In this blog post I answer some questions I received lately. Are these questions you have had? If not, and you have a question you want answered, leave me a comment on the post and I will answer it for you. I hope you're enjoying the Fall leaves this year.

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Energy Saving Tips for Winter

Energy Saving Tips for Winter | Birmingham Real Estate News | Scoop.it
How do you save energy in your home during the Winter? Follow these energy saving tips for the Winter months to bring down your cost of living.
Tom Horn-Real Estate Appraiser's insight:

With the cold snap we had this weekend this is a very timely article to read by Bill Gassett. He provides some good energy saving tips.

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Bill Gassett's comment, November 3, 2014 1:56 PM
Thanks for sharing the home energy saving tips @Tom Horn-Real Estate Appraiser!
Tom Horn-Real Estate Appraiser's comment, November 3, 2014 2:07 PM
No problem Bill! Good info.
Bill Gassett's comment, November 4, 2014 1:16 PM
I appreciate you sharing the ways to save money on energy around your home @Heather Thompson-Twardus!
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Market Trends: Ballantrae Neighborhood Of Pelham, AL-2014 Year To Date - Birmingham Appraisal Blog

Market Trends: Ballantrae Neighborhood Of Pelham, AL-2014 Year To Date - Birmingham Appraisal Blog | Birmingham Real Estate News | Scoop.it
Birmingham, AL real estate appraiser Tom Horn gives an update on housing trends in the Ballantrae neighborhood of Pelham, AL
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Find out what's happening in the Ballantrae neighborhood of Pelham, AL.

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Tips to Sell Your Home in The Fall

Tips to Sell Your Home in The Fall | Birmingham Real Estate News | Scoop.it
Selling in the fall is not hard to do if you take the season into account. Follow these tips to sell your home in the fall to increase your success.
Tom Horn-Real Estate Appraiser's insight:

Wow! Fall is around the corner so here are some selling tips for this beautiful time of year.

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Bill Gassett's comment, September 23, 2014 4:20 PM
Thanks for sharing the Fall home selling tips Kimberly!
Naomi Pena's curator insight, November 3, 2014 12:03 PM

I have noticed that there are a lot of for sale signs popping up in my neighborhood.  Here are some good tips from Bill on selling your home in the fall.

Bill Gassett's comment, November 3, 2014 12:08 PM
Thanks for sharing how to sell your home in the fall @Naomi Pena!