Today's Zoom Call with Mary Thompson - Excellent

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Real Estate Agent with HomeSmart Real Estate BR030809000 AZ Broker BR030809000
https://activerain.com/droplet/5ppp

 

Today's zoom meeting was well worth an hour of my time by a long shot!  Mary Thompson has been a rainer since 2009.  I didn't know her before today but I sure wish I would have!  Mary is full of excellent information on appraisals and answered all of our questions. Awesome presentation Mary!

 

 

My biggest take away today was descriptions on MLS photos.  For years we have had professional photos taken and we did type in descriptions on each photo.  But, what I didn't realize is that would be extremely helpful to appraisers for agents to add  a lot more details to each photo.  Be sure to point out the items we want them to particularly  notice  such as upgrades, improvements, new kitchen, upgraded appliances, upgraded bath, new flooring etc etc. etc What a great idea! 

 

I also didn't realize that appraisers rely on our pictures more than we think they do.  Surprise, surprise!  And here I thought I did all that for the buyers. All I can say is thank goodness our photos have been top notch for years. Now all we need to do is dial up the descriptions!

 

Thanks Mary Thompson for an excellent presentation on appraisals!

 

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Anna “Banana” Kruchten

Broker, CRS, CRB

HomeSmart Real Estate

602-380-4886

Certified Residential Broker  CRB

Certified Residential Specilist CRS

AZ DRE Certified Real Estate Instuctor

 

 Your Referrals & Testimonials Are Greatly Appreciated!

 


 

 



 

 

   

 

 

                  

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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Anna:

Great recap on today's excellent Zoom meeting with Mary Thompson - I learned so much from her and the overall discussion. Adding comments to the photos in our MLS listings, as you have shared, was a real takeaway; although I add commentary already there is more I could do, and others will see it as well.

Jeff

Oct 27, 2020 05:40 PM #12
Rainmaker
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Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

 Good evening Anna Banana Kruchten CRS, CRS, Broker, Instructor ,

Well it certainly sounded like Mary Thompson gave an excellent presentation! My photos came in for a new listing and I had to upload into the MLS ASAP. I'm very careful to add lots of descriptions to my MLS photos as our appraisers have said how important it is. Glad to hear that was re-enforced at the Zoom meeting. So sorry to have missed.

Oct 27, 2020 06:46 PM #13
Rainmaker
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Kris Collis, Associate Broker
Smart Way America Realty - East Stroudsburg, PA
Professional Results you Expect 570-801-5525

Anna, that is great info from the appraiser's point of view and calling out upgrades, special features etc in photos.  Very good to know.

Oct 27, 2020 07:37 PM #14
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Anna Banana Kruchten CRS, CRS, Broker, Instructor - too bad I missed this one.  I don't know what happened to my day yesterday.

Oct 28, 2020 03:52 AM #15
Rainmaker
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Thank you for the overview. I missed Mary's presentation and am happy you summarized the information about the photo descriptions and photos themselves. That's very useful!

Oct 28, 2020 05:12 AM #16
Rainmaker
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Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am glad that you wrote this summary since I missed the meeting.  I heard that Mary Thompson knocked it out of the park though!

Oct 28, 2020 05:37 AM #17
Rainmaker
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Jeffrey Richman
Immediate Home Solutions - Waxhaw, NC
Creative Real Estate Specialist

Hi Anna,

Thanks for that important tidbit of information!  I am sorry that I wasn't on the call.

Oct 28, 2020 05:49 AM #18
Rainmaker
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Anna,
Yes, it was an interesting session and Mary was quite gracious to answer all the questions.  I also thought the picture point was a good one. I was also interested to hear her say that while the cleanliness and neatness of the house weren't big deals but it could leave an impression of the general maintenance and could affect the level of Condition indicated on the report. 

Oct 28, 2020 07:43 AM #19
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Excellent takeaway about desribing those listing photos.  I just had a listing go under contract before the photographer had been out.  I kept the appointment, to the bewilderment of my sellers, because I wanted the appraiser to be able to reference them when he was doing his report.  And also to share with the sellers who leaving a home that they had raised their kids in.  I knew they wanted those pictures, but didn't want to ask for them.

Oct 28, 2020 09:21 AM #20
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Have an excellent call on this one and the next one and the next one! It’s all about making lemonade out of lemons with this virus.

Oct 28, 2020 10:17 AM #21
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Anna Banana Kruchten CRS, CRS, Broker, Instructor great Zoom meeting Mary Thompson was a wonderful presenter she answered everyone's questions and gave us so much to think about. She really knows her stuff. I started my sales career in an appraisal office. We were a small group of salespeople with a large group of appraisers. Must say I really learned a lot.

Oct 28, 2020 12:12 PM #22
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Anna Banana Kruchten CRS CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Hi Hannah Williams she did an excellent job of answering questions! Mary Thompson rocks the appraisal world!  I can imagine you learned a lot in that enviornment - that was a big opportunity for you.

Oct 28, 2020 12:32 PM #23
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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Anna Banana Kruchten CRS, CRS, Broker, Instructor Great recap of a wonderful Zoom. So nice to have such a knowledgeable and personable appraiser who shared such valuable information. Thank you  Mary Thompson . Hope to see you next Tuesday when our guest speaker is Elyse Berman, PA 

Oct 28, 2020 02:33 PM #24
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Anna Banana Kruchten CRS CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Margaret....it was  a fabulous presentation.  The hour flew by fast.  I look forward to seeing Elyse next week. Great to meet your new lender bud Blake!

Oct 28, 2020 03:39 PM #25
Rainmaker
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Good point as I also use those pics when doing a market eval. Updated cabinets, counters, flooring is what I look for. Not to mention you find an idiot agent that didn't point out the fireplace onthe listing sheet.

Oct 29, 2020 06:09 AM #26
Rainmaker
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Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel & Land Specialist

All great comments... the more specific the details are under the photo the better. Brand, type of wood flooring - hard wood, bamboo, laminate  -- height of cabinets, cherry, pine and so forth, type of free standing tub in the ensuite -- anything with a label should help the cause dramatically

Oct 29, 2020 12:03 PM #27
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Anna Banana Kruchten CRS CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Hi Lyn Sims  that's great that you're doing this already!

Oct 29, 2020 03:16 PM #28
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Anna Banana Kruchten CRS CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Hi Eileen Burns I've been careful to not load it up too much but clearly if it helps out an appraiser, load it up I will.  It's a great idea!

Oct 29, 2020 03:17 PM #29
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Glad to see it was a good experience for you and your associates! Love and light and all the best!

Oct 29, 2020 10:43 PM #30
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Hello Sister Carol So glad you chose  Anna Banana Kruchten CRS, CRS, Broker, Instructor post on the Zoom meeting as Mary Thompson did a marvelous presentation and had a great question and answer session 

Nov 02, 2020 09:32 AM #31
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