011: Appraiser Gerhardt Klann on How to Make Your Home Stand Out Above the Rest

011: Appraiser Gerhardt Klann on How to Make Your Home Stand Out Above the Rest

00:00 / 36:40

Jason Scott talks with Gerhardt Klann about his life as an appraiser and how an appraiser can help you sell your home.

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Gerhardt Klann, a former world-class biathlete, is the owner and operator of Northern Lights Real Estate Appraisals. Gerhardt has his DAR, DAC, DRP and Certified Appraisal Reviewer Designations from the Canadian National Association of Real Estate Appraisers (CNAREA) and is licensed by the Real Estate Council of Alberta (RECA). He was recognized as CNAREA’s Appraiser of the Year (for all of Canada) in 2016 and has completed over 7,500 appraisals.

Jason and Gerhardt talk about the current state of real estate in Edmonton, how he became an appraiser, and what to look for in a good appraiser.

Key Points & Questions

  • [spp-timestamp time=”0:35″] How did you become and appraiser?
  • [spp-timestamp time=”1:20″] How does someone become and appraiser? And what does a typical day look like?
  • [spp-timestamp time=”3:25″] What sort of scenarios are you called in for?
  • [spp-timestamp time=”3:40″] An appraisal is a document that can be used in court.
  • [spp-timestamp time=”5:28″] 5% is an acceptable margin of error in the event you get 2 appraisals done.
  • [spp-timestamp time=”7:50″] How does the municipal tax assessment effect your job?
  • [spp-timestamp time=”10:30″] The current status of real estate in Edmonton.
  • [spp-timestamp time=”12:50″] Edmonton should expect some negative news for the first part of the year.
  • [spp-timestamp time=”14:50″] It’s a good time to buy if you’re thinking of investing.
  • [spp-timestamp time=”15:35″] How do you deal with competing interests?
  • [spp-timestamp time=”18:40″] Do you get different pressures when refinancing?
  • [spp-timestamp time=”19:10″] Appraisers are supposed to be un-biased.
  • [spp-timestamp time=”20:36″] What are some of the more interesting things you’ve seen over the course of your career?
  • [spp-timestamp time=”23:53″] Where are you licensed to work?
  • [spp-timestamp time=”24:15″] What should you be looking for in a good appraiser?
  • [spp-timestamp time=”25:28″] What’s the typical cost of an appraisal?
  • [spp-timestamp time=”26:40″] What does the lender own the appraisal?
  • [spp-timestamp time=”29:55″] Visit Northern Lights Appraisals to get access to our monthly newsletter.
  • [spp-timestamp time=”31:05″] How does a CMA compare to an appraisal?