Should I Get a Pre-listing Appraisal? I recently ran across an article where a homeowner was asking a real estate agent whether they should get a pre-listing appraisal on their home prior to selling. The answer the agent gave interested me because it contained numerous errors and misunderstandings about appraising and appraisals. I have been […]
10 reasons NOT to get a pre-listing appraisal
February 8, 2012 By 15 Comments
1. It costs too much money- Really? If you think about the fact that by pricing the home correctly you could cut the marketing time down and reduce marketing costs, this becomes a no brainer. In addition, the modest cost would probably not exceed future price reductions that you may need because it was priced […]
5 Reasons Why A Realtor Should Order An Appraisal Before Listing A House
June 15, 2011 By 2 Comments
Realtors are experts at selling houses. They are versed in what buyers want in a home. They keep up with the latest in architectural styles, neighborhood trends and financing options. Ideally all of this knowledge is maximized on every listing, but realistically that may not always be the case. There may be times when one […]
Can A Pre-Listing Appraisal Be Used By The Buyer’s Lender?
March 31, 2011 By 3 Comments
I’ve done several pre-listing appraisals recently and I got a question the other day that I wanted to share with you. The homeowner wanted to know if a pre-listing appraisal could be used by the buyer’s lender to get their mortgage. The short answer to this is “no”, however this was not always the case. […]
The Pre-Listing Appraisal: A Smart Choice in Today’s Market
March 1, 2010 By Leave a Comment
People may think that I believe this because I am an appraiser, but it truly makes sense. I have seen it happen numerous times. A house is selling and everything has been done: contract, title, home inspection, etc. and the last thing is the appraisal. Unfortunately sometimes the value just isn’t there, and the deal […]
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