Pre-Listing Appraisal Services

If you’re working with a real estate agent to list your
property, more than likelythey’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 yourself 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.
Improvements to add value
In addition to “how much?”, there may be other important
questions to ask yourself before listing your home.
Questions like ''Would it be better to paint the
entire house before we sell it?”, ''Should I put in that
third bathroom?'', ''Should I complete my kitchen
remodel?'' Many
things which we do to our houses have an effect on their
value.
Unfortunately, not all of them have an equal effect.
While a kitchen remodel may improve the appeal of a
home, it may not add nearly enough to the value to
justify the expense.
We can step in and help make these decisions. Unlike a
real estate agent, an appraiser has no vested interest
in what amount the house sells for. Our
appraisal fees are based on efforts to complete the
report and not a percentage of the sales price. So a
professional appraisal can often help homeowners make
the best decisions on investing in their homes and
setting a fair sales price.
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