Assessed Value vs. Appraised Value!

As a full time Broker/Associate working 10 years as a Realtor I am truely amazed at the lack of experience in this business and wish there were higher education requirements in this business. Consumers must be educated in listing and buying homes! Know the right questions to ask before you sign a contract to sell your home! Yesterday, I received an offer on one of my listings from an agent. The agent stated her buyer will not buy higher then the assessed value. I expressed to the agent that it is her job to educate the consumer on the difference of Assessed value vs. market value vs. appraised value. Assessed value is what your township bases your tax rate on. That is not the same as appraised value NJ taxes are high as it is! You would never want your taxes to be based on the appraised value! If you are looking for an experienced Realtor in South NJ, please call Janet Larsen, Remax Connection at 856-261-6910 now! You can't afford not to! www.njrealtorjan.com