Investing in the Kansas City Metro Real Estate Market and Your Metro Area
Want to know where the real estate market is booming in Kansas City or your investing area? If you live in a metropolitan area with surrounding communities, such as Olathe, Overland Park, Shawnee, Kansas City, and other areas, one good source for you to consult with is an appraiser in your area. Let me explain.
Appraisers review numerous properties and with the news of real estate scams in the real estate investing arena, mortgage companies are now being required to use more than one appraiser for the properties they finance. So this allows more real estate appraisers to view properties they may not have been able to review in the past for buyers and sellers.
Appraisers see trends in communities they are reviewing for mortgage companies. They watch the price adjustments, number of appraisals being requested, the number of properties reviewed and property updating in an area. As such, they begin to see how an area is drawing attention and booming. If you have an appraiser or two who you associate with, you could gain some valuable information from them.
So, you might want to consider the opportunity of building a relationship with an appraiser or two and helping them out by giving them some business. In return, they may be willing to talk with you and provide you information of value to you. What do you think? Is this a strategy that could work for you?
David L. Britt, MBA
Olathe, Kansas
David L. Britt Real Estate
Heritage Real Estate
The Heritage Real Estate Team
Olathe Neighbors
Comments (11)Subscribe to CommentsComment