In this episode, Appraiser Blaine Feyen, President of Real Value Group appraisal company in Grand Rapids, Michigan, discusses how appraisers choose comparable sales and touches on the somewhat controversial topic of whether or not appraisers actually walk through the inside of the comparable sales they use in appraisal reports.

In this episode of Real Value Cast, Blaine discusses what contribute to real estate bubbles and the market forces at play. Blaine also touches on some of the key factors in today's economy that affect the micro and macro real estate markets.

In this episode, Blaine Feyen, from the Real Value Group, discusses a very common misunderstanding in the Real Estate and appraisal world: why homes often appraise right at, or really close to, the sale price of a home purchase transaction.

Listen in as Blaine discusses what makes up 'market value', how appraisals are developed, and finally solves the age old mystery that has been talked about in hushed circles for decades. 

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In this episode of Real Value Cast, Blaine discusses a very common occurrence in the current market in 2015, multiple offers. The market is hot for sellers with many of the listings being fought over by multiple buyers all bidding the sale price upward in a classic supply and demand battle. 

Blaine talks about some of main factors affecting this phenomenon and also answers the question of whether or not multiple offers have an effect on the final appraised value regardless of whether or not the sale price was affected.

Grab a pen and a pad as there is a lot of info about the economy, the real estate market, the appraisal, and how they all work together.