Home Appraisal for Sellers

Selling your home? Get a pre listing appraisal.

home appraisal infographic

 

Price to Sell!

You want to sell your home, right?  In a recent survey, 77% of realtors said OVERPRICING is the biggest seller mistake. An overpriced home will not attract buyers. This will waste your time and money.  The longer you own your home the more it costs you. This will decrease your profit. Own your home outright? You still have tax, insurance, utility and maintenance expenses.

 

Overpriced homes stay on the market for a long time.  Often, these homes have a stigma. Buyers tend to think there is something wrong with these homes. This is hard to change even after dropping the price.  Homes priced right sell faster at higher prices. Using a home appraisal to price your home pays dividends.

 

Don’t Lose Your Buyer.

The National Association of Realtors  (NAR) states, over 1/3 of homes sales either delay, renegotiate or CANCEL due to the home appraisal falling short of the contract price. Pre listing Appraisals use the same methods as bank appraisals.  Sellers should be proactive. They should get their home appraised before pricing it.  This can reduce the chance of failing a bank appraisal.

Get a Professional Opinion.

Most home sales are bank financed.  Banks don’t lend more than a home is worth.  The value of a home is never left to the whim of the buyer, seller, realtor or even lender.  Surely, it’s not based on what you owe.  The fair market value can only be determined by a home appraisal.   These are done by 3rd party professionals using stringent guidelines.  While realtors give a CMA (comparative market analysis), appraisers provide objective analysis of your home’s value. Appraisers have no direct interest in your home’s worth or sale price.  They are paid a flat fee to provide a service. On the other hand, realtors are generally compensated on a percentage of the sale price.

Increase Profit

Pre listing appraisals can increase the profit from the sale of your home.  CMAs provided by realtors do not cover the scope that a home appraisal entails.  The small investment in a pre listing appraisal can prevent leaving money on the table.

Marketing Material

Whether your home is for sale by owner or agent, an appraisal can be used as good marketing material.  A pre listing appraisal purchased from preappraise.com gives you a professional and polished report. You can print and display it with other marketing material. This report shows the buyer you are serious and informed. It also gives the buyer confidence your that price is justified.

Defend Your Contract Price.

In an article on msn.com, the president of The Appraisal Institute recommended that sellers be present at the home appraisal.  Sellers and agents can talk with the appraiser. They can give the appraiser info used for the sale. A pre listing appraisal notes recent sales that support your sale price.

Money Back Guarantee!

There is no risk in getting a pre listing home appraisal from PreAppraise.  We offer a 100% Money Back Guarantee!

Good buyers get preapproved. Good sellers PreAppraise.