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Why you should have a listing appraisal
Some folks put a lot of trust in your local Realtor as you should. The Realtors would most likely concur the fact that a solid appraisal before the listing of your home makes all see what the value range is. The appraisal is an Opinion of Value from a licensed or certified appraiser. This report would help solidify the asking price. Give the buyer confidence on getting a good buy into equity deal, and price the home according to the "Market value" as opposed to a Lets see what we can get value. Now in my search for a home a few years ago, I went to an open house and noticed the asking price was about 50K over the market area. When I asked the Realtor how they determined that price and that I thought it was to high, Her explanation was , "Somebody will pay". I kept track of the sale of that home and no, They didn't pay. It finally sold over 6 months on the market and at the market range with numerous drops in price. The appraisal would have contributed a quicker more efficient sale. This report will also get the seller to either make some adjustments, repairs or ... more

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