Oddballs: Pricing & Valuing Unusual Properties
3.5 hours Real Estate CE
Everyone can price the generic 3 bedroom ranch or 4 bedroom Colonial, but what do you do with an oddball? Oddballs have unusual sizes, lot sizes, features, lack of features, individualized styles and décor, and much more. Pricing unusual properties is a challenge for appraisers and agents alike. Appraisers are charged with valuing a property in terms of definitions of fair market value, which usually includes a definition of a “typical buyer”. However, many oddball properties do not appeal to “typical buyers”. Discussion will include identifying the relevant characteristics of a property, as well as determining the Scope of Work for the assignment. A second challenge is getting mortgage loans approved for these properties – we will explore the use of portfolio lenders, and how this often applies to oddballs. Come get some great tips for how to price the oddballs in your world!
|June 15, 2020||8:30 AM - 12:00 Noon||Oddballs: Pricing & Valuing Unusual Properties||RAYAC Classroom|
- Payment Policy: Check or credit card number must accompany registration.
- Refund Policy: Cancellations for classroom classes made less than 2 business days prior to the date of the course and “no-shows” will not receive a refund or credit. There are no refunds for online courses.
- Returned Check Policy: If a check is returned by the bank for any reason, there will be a $35.00 charge.