Refresh market trends for appraisal files
How you could use an agent
Use an agent to assemble current sales, rental, and construction-cost data from your files, public records, and market notes. It summarizes neighborhood trends, compares them with your earlier appraisal assumptions, and points out where the market has moved enough that you may want another look.
Where you stay involved
You decide whether the trend is strong enough to change the file and whether any local change needs more research. You make the valuation judgment yourself.
