Pre-Listing Appraisals
Listing Your Home?: Peace-Of-Mind Means Having Your Home Physically Measured Whether selling your home yourself (FSBO) or listing your home with an agent, the key ingredient to a smooth transaction is an accurate representation of your home’s physical characteristics in writing. According to William D. Cobb, IFA (Bill Cobb), with Accurate Valuations Group in Baton Rouge, a critical step in the process of obtaining an accurate representation of your home is acquiring an accurate living area. This crucial step is often skipped. As one of the first steps in determining a home’s listing price, an agent will provide a Comparative Market Analysis (CMA) which lists selected sales in the surrounding area. This is vital if you are going to maximize your profit and minimize the home’s time on the market. However, without an accurate calculation of the living area, the agent’s CMA will not be very helpful. Even if you are working with the most experienced real estate agent, it would be in your best interest to have an "objective" third-party's measurement of your home’s living area and value prior to signing a Listing Agreement. A seasoned residential appraiser would be the solution for an objective evaluation.The Benefits to Obtaining A Listing Appraisal or Pre-Listing Appraisal Prior To Listing FSBO or With An Agent Are:1.)A professional, color appraisal report placed on the kitchen counter shows the potential buyer that you have done your homework and that your price is well supported. This report acts as a negotiating tool once you have a potential buyer. 2.)A Listing Appraisal Will Include: An Accurate Sketch, Accurate Lot Dimensions, Photos (Interior
About the Author
William D. Cobb, IFA, with Accurate Valuations Group has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana and Denham Springs Appraiser market. Visit their website at: www.accuratevaluationsgroup.com
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