In the realm of commercial real estate investments, success hinges on meticulous planning, calculated risk-taking, and, most significantly, accurate appraisal services. A comprehensive understanding of the value of a property is indispensable for investors navigating this dynamic market. The significance of precise commercial real estate appraisal services cannot be overstated, as they serve as the bedrock upon which informed investment decisions are made. Commercial real estate appraisal services encompass a multifaceted evaluation process. They involve an in-depth analysis of various factors ..read more

Divorce is a challenging life event that often comes with emotional and financial turbulence. As couples navigate the complexities of separating their lives, one crucial aspect that can significantly impact their financial well-being is property division. This is where divorce appraisal services play a pivotal role in ensuring a fair and equitable distribution of assets. Understanding Divorce Appraisal Services: Divorce appraisals, also known as divorce settlement appraisals, are comprehensive property evaluations conducted by certified appraisers. These professionals specialize in assessing t ..read more

St. Louis, the iconic Gateway to the West, is a city with a rich history and diverse housing market. Whether you’re a homeowner, a prospective buyer, or a real estate enthusiast, understanding the residential appraisal service in St. Louis is vital. Appraisal methods are crucial in determining the value of a property and play a significant role in the real estate market. In this blog, we will delve into the various approaches used in residential appraisal in St. Louis. The Sales Comparison Approach The Sales Comparison Approach is one of the most commonly used methods in residential appraisal ..read more

We are excited to announce our first CE class for Real Estate Agents, Foundations of Real Estate Appraisals! In this class Realtors’ will learn; what creates value for your clients how home values increase how to determine a homes value best practices for getting the most value out of your appraisal the best way to manage the REALTOR® – Appraiser relationship and so much more. Check out what our students are saying! This might have been one of the best CE classes I’ve had in 20 years. Almost a must/required in my opinion! Great class last night. Very informative especially for a newb ..read more

The Costly Conundrum: Understanding Why Commercial Real Estate Appraisals Are Expensive Commercial real estate appraisals are essential for determining the value of commercial properties in the market. These appraisals play a crucial role in facilitating various real estate transactions, including buying, selling, financing, and insurance. However, one aspect that often surprises many individuals is the relatively high cost associated with commercial real estate appraisals. In this blog post, we aim to shed light on the factors that contribute to the expense of these appraisals, providing a ..read more

Real estate appraisals are crucial to the process of buying, selling, or refinancing a property in St. Louis. An appraisal helps determine the fair market value of a property, ensuring that both parties involved are receiving a fair deal. However, not everyone is an expert at evaluating property value, which is why it’s important to seek professional help when needed. Here are eight signs that you may need help with real estate appraisals in St. Louis. Lack of experience: If you’re new to the real estate industry or haven’t bought or sold a property in a while, you may lack the necessary exp ..read more

Fannie Mae recently announced a new valuation product that exposes Realtors to potential liability and may damage your relationships with clients that you have worked so hard to develop,  while potentially costing your Buyers tens of thousands of dollars! Their new program, Valuation Acceptance + Property Data Collection, bypasses the appraisal process and puts the responsibility of valuing the home solely on the real estate agent.   This program shifts the risk from appraisers and lenders, over to realtors and buyers.    This program shifts the risk from appraisers a ..read more

Best Practices for Submitting Appraisal Reconsiderations Everything seems to be going smoothly with your home sale, but suddenly you hit a big bump: the home appraisal comes in below the agreed-upon sales price. This scenario is becoming increasingly common, as home prices rise and appraisals struggle to keep up. According to CoreLogic, Inc., a national real estate researcher, this trend was present even before the pandemic and continues today. If this happens to you, it’s not the end of the road. You can request that the appraiser reconsider their valuation based on additional information ..read more

St. Louis County, Missouri residents should be aware that county officials plan to send appraisers to many homes over the next few months. The goal is to collect data on homes that have seen an increase of at least 15% over the past year. This data collection is crucial in helping the St. Louis County Assessor’s Office maintain accurate records and analyze real estate trends in the area. It’s important to note that this is not an appraisal for the purpose of determining property value for the purpose of selling or refinancing. This data collection is solely for the benefit of the county t ..read more

Give Back Project, 2022 Authority Appraisals is grateful to have the opportunity to give back!  Our administration team recently visited Bagacay Elementary School in the Philippines. They had a very important task – deliver hygiene kits and snacks to 116 nursery and kindergarten students!   The children and school must overcome many obstacles that we often take for granted; including insufficient funding and having a long walk on an unpaved road every day just to get to school. It was our pleasure to offer a little relief to this community closely connected to Authority Apprai ..read more