Every week, we ask a real estate professional for their Short List, a collection of tips and recommendations on an essential topic in real estate. This week, we talked with Elizabeth M. Fekete, the owner of EMF Appraisal Group, for her tips on how agents can tackle various obstacles in real estate.
3. For Servicing the Unique Needs of Luxury Clients – When selling, sell a lifestyle, a vision of the whole life feeling (not just the property facts).
2. How to Ensure a Smooth Appraisal Process – When working with a buyer to make an offer, have them select a house for plan “B” as well, so they are able to negotiation more freely.
1. How You Can Distinguish Yourself From the Competition – Understand the appraisal process that provides a value for lending, not necessarily the market value for a property. You should also understand how to provide the best information for the upper-end of the value range.
Elizabeth M. Fekete is the owner of EMF Appraisal Group, a real estate appraisal and consulting firm, and the director of Accurety, which handles appraisal due diligence and quality control; forensic due diligence analysis; residential and commercial valuations; and consulting for purchase and investment.