Today’s real estate market, especially over the past several years, has been a challenging place. The first month of 2014 has shown that valuing a home will continue to be the most challenging and most important part of a real estate transaction. If you are selling your own home or perhaps an expert Realtor seeking to establish an honest listing price, it’s difficult to search through all the data and come up with an accurate value on your house.
Because of this, homeowners and Realtors frequently depend on a professional appraiser for establishing a Fair Market Value.
That’s where Sacramento Appraisal Group comes in. We have helped homeowners sell their own homes aka For Sale By Owner (FSBO) as well as professional Realtors seeking advice for their listings (or to confirm the current value of the property to their buyers).
At Sacramento Appraisal Group, we can provide you with an accurate and professional 3rd party valuation, which can show you how a lender will look at your home when a buyer is trying to obtain a loan for purchasing your property. When you order an appraisal, the report will include detailed description of your home, its current fair market value for various amenities (views, pools, etc), a list of the most recent comparable properties with accurate, detailed descriptions about the differences, and how all of this affects market value.
In addition to helping you set a competitive listing price to draw purchasers, a professional appraisal:
- Provides a highly effective tool for negotiation during the selling process
- Gives potential buyers’ confidence in making offers since you have a written Certified Appraisal
- Points out any obvious repairs or problems on the front end. Lack of CO Detector or an unstrapped water heater can sometimes push a closing off for two to three weeks. Having an appraisal will make sure that you are not caught unaware!
Always remember that overpriced properties will attract fewer buyers and even fewer offers; wasting your valuable time, funds, and hard work. A low priced home can sell for even less than the listing and end with you leaving cash on the table.
Obtaining a pre-listing appraisal will assist you and your realtor in establishing a legitimate list price for your property. Moreover, a pre-listing appraisal helps maximize your chances of selling quickly for full value. We can also help you determine if there are any improvements that would be cost effective in improving the value of your home before selling.
A full appraisal is not always the best option for everyone. The product you need depends on what you need it for: sometimes a limited appraisal or current market analysis can get the job done, and sometimes a full interior and exterior appraisal is necessary. Call us today with any questions you might have or for a free quote!
