Have you ever wondered what truly determines your home's value? In this eye-opening conversation with veteran appraiser Alan, we pull back the curtain on the mysterious world of property appraisals and discover that your home's worth can be mathematically broken down into surprisingly precise components.

Alan takes us on a journey through his unexpected career path from religious studies to becoming a respected appraiser on Whidbey Island, offering rare insights into how the profession has evolved since the 1980s. He explains how the 2008 housing crisis fundamentally transformed the industry, creating a firewall between lenders and appraisers through Appraisal Management Companies to prevent the manipulation that contributed to the financial meltdown.

The conversation reveals fascinating distinctions between conventional and government-backed loans, with VA and FHA appraisals requiring more rigorous inspections of everything from attics to utilities. You'll learn why that bare wood on your deck might fail a government appraisal while passing a conventional one, and why the appraiser is checking if your oven works.

Perhaps most valuable is Alan's breakdown of the "value pie" – how an appraiser mathematically determines what your home is worth. Square footage might account for 30% of your home's value, while that stunning water view could represent 12%. Understanding these components helps explain why homes sell for what they do, and why sometimes properties appraise for $250,000 over asking price when multiple offers come in.

If you're buying, selling, or simply curious about real estate, this conversation provides essential context about how property values work in today's market. And the warning about a looming appraiser shortage might just explain why your next home purchase takes longer than expected to close.

Reid Schwartz is not just a real estate broker; he’s a dedicated leader and active participant in the Whidbey Island community. A Navy veteran and 30-year island resident, Reid brings a unique perspective and deep-rooted passion to his work. As a proud Rotarian and a founding board member of North Whidbey Hearts and Hammers, he’s committed to making a difference in the lives of those around him. He also serves as the organization’s Public Relations Director, always on the lookout for volunteers eager to give back.

Whether it’s helping clients buy or sell their homes, connecting locals with community resources, or creating opportunities for neighbors to support one another, Reid is driven by a desire to make Whidbey Island a better place. He’s always looking for creative ways to help—whether it’s growing local businesses or offering a hand to those in need. For Reid, it’s about more than just real estate; it’s about building a stronger, more connected community through kindness, collaboration, and service.

Reid can be reached:
Phone: (360) 929-4808
Email: reid@reidschwartz.com
Website: reidschwartz.com

Reid Schwartz is not just a real estate broker; he’s a dedicated leader and active participant in the Whidbey Island community. A Navy veteran and 30-year island resident, Reid brings a unique perspective and deep-rooted passion to his work. As a proud Rotarian and a founding board member of North Whidbey Hearts and Hammers, he’s committed to making a difference in the lives of those around him. He also serves as the organization’s Public Relations Director, always on the lookout for volunteers eager to give back.

Whether it’s helping clients buy or sell their homes, connecting locals with community resources, or creating opportunities for neighbors to support one another, Reid is driven by a desire to make Whidbey Island a better place. He’s always looking for creative ways to help—whether it’s growing local businesses or offering a hand to those in need. For Reid, it’s about more than just real estate; it’s about building a stronger, more connected community through kindness, collaboration, and service.

Reid can be reached:
Phone: (360) 929-4808
Email: reid@reidschwartz.com
Website: reidschwartz.com

Discover the vibrant and exciting atmosphere of Tossin Axes, a unique entertainment venue that combines axe throwing with arcade games. Reed Schwartz talks with owner Daniel Cadwell about how this hub fosters community enjoyment and provides thrilling experiences for all.

• Introduction of Tossin Axes and its ownership transition
• Insights into axe throwing training and encouragement for first-timers
• Overview of the diverse entertainment offerings from pinball machines to retro games
• Membership details and community value

If you enjoyed today’s discussion or have your own axe throwing tales, share them with us!

Reid Schwartz is not just a real estate broker; he’s a dedicated leader and active participant in the Whidbey Island community. A Navy veteran and 30-year island resident, Reid brings a unique perspective and deep-rooted passion to his work. As a proud Rotarian and a founding board member of North Whidbey Hearts and Hammers, he’s committed to making a difference in the lives of those around him. He also serves as the organization’s Public Relations Director, always on the lookout for volunteers eager to give back.

Whether it’s helping clients buy or sell their homes, connecting locals with community resources, or creating opportunities for neighbors to support one another, Reid is driven by a desire to make Whidbey Island a better place. He’s always looking for creative ways to help—whether it’s growing local businesses or offering a hand to those in need. For Reid, it’s about more than just real estate; it’s about building a stronger, more connected community through kindness, collaboration, and service.

Reid can be reached:
Phone: (360) 929-4808
Email: reid@reidschwartz.com
Website: reidschwartz.com