Our recent appraisal discussion with Mark Durden from D.S. Murphy.

Today I have the pleasure of being joined by Mark Durden, a certified appraiser and consultant from D.S. Murphy & Associates, to talk about his background in the appraisal industry, the path that led him to where he is now, and all of the different appraisal challenges people are facing in the market.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:

0:40 — How long has Mark been doing appraisals and what types of appraisals does he specialize in?

1:45 — Are homes...

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How much is your home worth right now? Accurately calculating this figure is not a quick back-of-the-envelope exercise nor should you rely solely on the popular online Zillow Zestimate. As they stipulate on their website, Zillow finds that they can predict home values (within 5% margin) only about 55% of the time in the Atlanta area. It takes a lot of research, knowledge of the neighborhood and personal observations of the property to get an accurate listing price.

I've listed the most important factors and calculations I consider when doing a thorough market analysis.

If you have any questions or know someone in Atlanta who would be interested in getting a free CMA (competitive market analysi...

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