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]In this engaging conversation, Sebastian Frey interviews Angela Irvin, a seasoned realtor and former appraiser with 25 years of experience. They discuss the intricacies of the appraisal process, the relationship between appraisers and realtors, and how market trends influence home valuations. Angela shares her journey from appraising to real estate, the challenges of valuing unique properties, and the impact of home improvements on resale value. The discussion also touches on the importance of geographic competency in appraisals and the intangibles that buyers value but may not be reflected in appraisal reports. Key Takeaways Angela Irvin has a unique background as both an appraiser and realtor. The appraisal process is an opinion of value supported by market data. Market trends can influence appraisals, not just past sales. Realtors and appraisers should work together for accurate valuations. Unpermitted additions can still hold value if they are well done. Choosing the right comps is crucial in the appraisal process. Intangibles like school districts can impact home values but are not included in appraisals. Home improvements like paint and flooring often yield a good return on investment. Geographic competency is essential for accurate appraisals. There is a buyer for every unique property, but pricing is key. Chapters 00:00 Introduction to Appraisal and Real Estate 02:50 Angela's Journey from Appraiser to Realtor 06:03 Understanding Appraisals and Market Values 09:02 The Relationship Between Realtors and Appraisers 12:07 Valuation Models in Appraisals 15:02 Adjustments in Appraisal Values 17:58 Functional Utility and Desirability Factors 21:33 Guidelines and Standards in Appraisals 👀 WANT MORE CALIFORNIA APPRAISAL SECRETS? 👉 Click here: https://bit.ly/appraisal-secrets ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 🤔Thinking of Moving to or from the Bay Area?🤠 📱 Call or Text: 408-413-3087 📨 Email: sebfrey@sebfrey.com 📅 Zoom: https://bit.ly/zoomwithseb ☎️ Contact Seb: https://bit.ly/contact-seb ⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬇️⬇️⬇️⬇️ 🆓 FREE RESOURCES: 💰 What Is Your Bay Area Home Worth? https://bit.ly/bayareahomeprice 🚚 Silicon Valley Relocation Guide: https://bit.ly/silicon-valley-relo-guide 🚰 Connect ALL Your Utilities At Once When You Move! https://bit.ly/new-utility-connect 🤠 Our Website: https://bit.ly/bay-area-home-search ====== Sell your home in 2 Days…for MORE than it’s worth?! 🔥https://bit.ly/sell-in-2-days 🔥 ====== ⭐⭐⭐⭐⭐ My Client Testimonials: https://bit.ly/seb-testimonials ====== ▶Subscribe 👉https://bit.ly/sebfreytvsubscribe ====== If this is your first time to this channel, and you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in the BayArea, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in the San Francisco Bay Area 😁 ====== **Most stats and data mentioned came from the following sites More About the Bay Area: https://en.wikipedia.org/wiki/San_Fra... School data: https://www.niche.com All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording ====== Sebastian “Seb” Frey - Ca. Lic. 01369847 - since 2003! Brokered by Compass ====== #bayarea #siliconvalley #sanjose #losgatos #saratoga #campbell #cupertino #sunnyvale #santaclara #scottsvalley #santacruz #capitola #soquel #aptos #morganhill #gilroy