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As a real estate agent working to list a property for a client, you will more than likely provide your clients with a Comparative Market Analysis (CMA) that lists selected sales in their 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 client's price and minimize the home’s time on the market. Homes that are in homogenous subdivisions or neighborhoods in which you may a great deal of experience selling homes are fairly easy to set a price. But even experienced real estate agents occasionally are asked to list a "unique" property or a property with unusual features for an area. Sometimes you may be asked to list a property that has already been on the market a long time or one where condition or improvements may be an issue. In these cases, 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 to help you have an accurate description of a home's features and a detailed analysis of the most recent and similar "comparable sales". In addition to helping you set a realistic selling price so your listings will attract buyers, a professional appraisal can:
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. |
Pre-Listing Appraisal Services for Realtors®