In most parts of the country, real estate appraiser's main source of data is the multiple listing service. (MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. We also use the MLS to analyze the market trends and to… Continue reading 3 Ways Agents Can Help Appraisers to Be More Accurate
If county-wide home trends are appreciating at 6% per year, does that mean that your home is? Maybe, but probably not. It's important to get a little context.