Before someone decides to sell a home, there are several decisions to be made. First and foremost: ''How much should it sell for?'' But first there may be other equally important questions to ask: ''Would it be better to paint the entire house first?'' ''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.
Appraisers can step in and help make these decisions. Unlike a Realtor, an appraiser has no vested interest in what amount the house sells for. His fee is based on his efforts, not a percentage of the sales price. So seeking a professional appraisal can often help homeowners make the best decisions on investing in their homes and setting a fair sales price.
Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal.
Working with a real estate agent to sell your property? More than likely, you can expect them to provide you with a comparative market analysis (or a CMA) that displays comparable sales houses in your area. It's a customary starting point in determining your home's listing price. For anyone looking to get most profit out of their house, which includes not having it for sale too long, this is a logical move.
In our opinion, though, you should also get an appraisal from a professional who tracks real estate values for living - PRIOR to putting your home on the market - even if you're working with an experienced agent.
We'll do a pre-listing appraisal so you and your real estate agent have an accurate description of your home's features and a detailed analysis of the most recent and similar comparable sales.
We can help you decide on a realistic selling price so your house will appeal to buyers, and we can also:
Many people are surprised when they find out that the market value of their home is a lot more than they'd planned, so investing in a professional appraisal from us actually allowed these people to get several thousand dollars over what they thought they'd get for their home. An appraisal helps those who have an inflated opinion of their home's price value to decide on a realistic price for their home in order for it to sell. Overpriced homes do not attract serious potential buyers, which means you throw away time and money and still have no prospects for buying your home. Every month your house sits on the market is another month you have to pay the mortgage.
Upgrades that improve your home's value. There are so many important questions to ask yourself before listing your property. Should we paint the entire house before we sell it... Is now the time to add a deck... Should I finish my kitchen remodel... Almost any project can affect value in some way. But, not all of them have an effect commensurate with their cost. Remodeling your kitchen might improve the appeal of a home, but be sure to figure out your expenses before diving in. It might not justify the time and costs involved.
We can help you with these important decisions. Appraisers have no vested interest in your final selling price, like an agent on commission will. Our fees are not a percentage of the sales price -- your fee to us is based on efforts to complete the report. When it comes to investing in your home and settling on a fair sales price, a professional appraisal from Priority Appraisal will help you make the best decisions.
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 4-6% 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.
According to the National Association of Realtors, over 70% of all homebuyers now use the Internet to search for homes so if your house isn’t on the internet, it should be. And that’s where we can help.
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. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value opinion than yours.
You know your home better than anyone. And you know what features to highlight and what features you might want to downplay. So let us help you get the exposure your home deserves.