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Pre-Listing, Pre-Purchase, FSBO’s
Today’s market can be challenging. Whether you’re a homeowner selling your property on your own or a seasoned realtor trying to establish a fair list price it’s often difficult to sift through all of the market data to determine a true value for your home. So it’s common for homeowners and realtors to rely on appraisers for assistance when establishing a list price for the sale of their home.
That’s where Timberline Appraisal comes in. we will work with homeowners trying to selling their own home as well as assisting realtors with additional support for their own listings (or to prove to your clients the true market value of a property).
Are you aware that public records in the mountain areas tend to be very unreliable? Due to this fact, many mountain homes are larger (or even smaller) than public records show. Many lenders are very strict in their guidelines about non-permitted spaces and requirements for allowing any value to be assigned to these areas. A pre-listing appraisal ensures both you and your agent have an accurate description of your home’s features, living area and a detailed analysis of the most recent and comparable sales.
In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal:
- Provides an effective tool for negotiating with potential buyers and their agents
- Helps instill confidence in potential buyers since you have written proof of your home’s value
- Highlights upfront any obvious repair problem, gross living area discrepancies and appraisal problems that may come up later
- Helps eliminate last-minute repair hassles that might delay closing
- Decreases the chances of sales falling through due to unforeseen problems
Keep in mind that overpriced homes attract far fewer buyers, which means fewer and possibly no offers, wasting valuable time, money, and efforts while an underpriced home can result in a lower selling price and you leaving substantial money on the table.
Getting a pre-listing appraisal will help you and/or your realtor determine a true list price for your property and will maximize your chances of selling quickly for top dollar. In addition, Timberline Appraisal can help you determine what, if any, improvements would be the most cost effective in adding additional value to your home.
A full appraisal may or may not be needed depending on what it is you’re looking for. Often times a more limited valuation or market analysis report is entirely appropriate, whereas other times a full interior and exterior valuation may be necessary. You can also opt for a pre-listing consultation which involves a one on one session between appraiser and seller/realtor during which all comparable sales/listings will be discussed that would be most likely be used to value your home.
Give us a call today with any questions you might have and also check out our ‘Praise’ page and see what others are saying about Laurel Boyer and Timberline Appraisal.
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