Value Demand Ep 5

Описание: This Value Demand Episode 5 focused on the Fully Adjusted Comparative Market Analysis (CMA) using appraisal guidelines, featuring a detailed review of Jacob Loven's evaluation work.
Jacob's CMA Review - 2219 Elderberry Property:
Property was two houses down from Jacob, had been on hold after not selling
Key corrections needed: pool adjustment was backwards (should be negative $25,000 since subject property lacks pool), missing conclusion statement
After adjustments, comparable values ranged from $636K to $747K, with two properties (Birch and Monticello) showing significant departures from the cluster
Technical Training Points:
Four primary appraisal guidelines: distance, size, time, and condition
Uses 1-10 condition scale (more accurate than appraisers' C1-C5 system)
Adjustment cheat sheet application for beds/baths, square footage, lot size, condition, and amenities
Geographic considerations: properties north vs. south of 60 freeway may have different values
Advanced Market Analysis:
Historical adjustment methodology: comparing Q3 2023 vs Q3 2024 in Ontario showed 1% market decline
Demonstrated price-per-square-foot analysis for market trends
Emphasized using appraisal-quality evaluations for competitive advantage
Practical Applications:
Recent success: Seaport listing received 8 offers after strategic pricing 10% below fair market value ($1.6M list, $1.75M fair market value)
Generated 2-3 prospective listing appointments from weekend open house
Emphasized curiosity over fear when analyzing complex market data