If
you are planning to sell your home, it might be a wise decision to make
a small investment in a professional appraisal. Unless you study real
estate values on a day to day basis, like a professional appraiser
does, it's difficult for you to get a handle on real estate values. We
aren’t talking about how much you have invested in your home, how much
you paid for it, or how much you want for it. We’re talking about the
true market value of your home, which could really pay off for you in
the long run!
SELLING YOUR HOME FSBO More
and more homeowners today are choosing to sell their homes FSBO (For
Sale By Owner) and foregoing the help of a real estate agent. Selling
your home by this method can end up saving you a potential “hefty”
commission (industry average is 5-7% of the home’s selling price). Plus
many FSBO sellers feel that they have more control in the process of
selling their home since they’re in essence making all the rules. But
selling your home on your own will require a significant amount of
"homework" if you're going to do it right. One piece of advice that is
consistently given by the experts in selling your home FSBO....Do NOT
"Overprice" Your Home! It's very hard to be objective about your own
home because of your emotional attachment to it. A professional
appraiser is objective and will tell you what you need to know, not
just what you want to hear.
PRE-LISTING APPRAISAL If
you’re working with a real estate agent to list your property, more
than likely they’ll provide you with a Comparative Market Analysis
(CMA) that lists selected sales in your area as one of the first steps
in determining what to set as the “Listing Price". This step is vital
if you're going to maximize your profit and minimize the home’s time on
the market.
But
even if you're working with the most experienced real estate agent,
it's probably in your best interest to have an "objective"
third-party's opinion of value prior to signing a Listing Agreement.
And that’s where we come in. We can provide you with a pre-listing
appraisal so both you and your agent have an accurate description of
your home's features and a detailed analysis of the most recent and
similar "comparable sales" or as they're commonly called, "Comps". In
addition to helping you set a realistic selling price so your home will
attract buyers, a professional appraisal can:
· Be a very valuable negotiating tool once you have a potential buyer · Impress buyer’s with written proof of your home’s condition inside and out · Make you aware of problems and eliminate last-minute repair hassles that might delay a closing · Decrease the chances of unknown problems that cause sales to fall through · Eliminate the wait for the buyer or their mortgage company to get the appraisal done on their own
Many
people are surprised when they find out that the market value of their
home is much more than they thought, so investing in a professional
appraisal actually allowed these people to receive several thousand
more dollars than they thought they would when their home was sold.
Others have an inflated opinion of their home's value and an appraisal
helped them to realistically price their home in order for it to sell.
An overpriced home will not attract buyers, which means no offers and
no closing and that you have wasted valuable time, money, and efforts.
CONSULTATION Maybe
you feel like you don't need an "appraisal" but you'd still like some
help gathering local property and sales data. Our reports help you to
make an informed buying decision. We understand the complexities of
buying a home and know what you are going through and will do our best
to make it easier for you by giving you a high quality, professional
appraisal that you can depend on!
When you order an appraisal report from us, you can expect...
· Prompt response to your initial inquiry:
We will give you personalized information for your particular appraisal
need. Just tell us your situation and we will make suggestions. Quick
turnaround time: Typically one week or less from the date the request
is received. If you've chosen to receive a copy of your appraisal or
consulting report via the Internet (EDI), you'll receive it within
MINUTES of its completion.
· Appraisal and consulting reports formats to suit YOUR needs:
When it comes to appraisal and consulting, "One size does NOT fit all!"
We offer a variety of report types and delivery methods. Express mail
too slow? We can deliver your report attached to a standard email, or
notify you of an Internet site to download your report, the MINUTE it's
completed!
· Quick response to follow-up questions:
Our reports are clearly written, understandable, and meet or exceed the
Uniform Standards of Professional Practice that governs the appraisal
practice. If you have any questions regarding your appraisal, after
you've read the report, we encourage you to email or call us!
|