Offer on your home? Congrats, but you need to sell it one more time!

By
Real Estate Agent with Coldwell Banker Select

This is easy to overlook for many sellers or agents, it is the appraiser that you now need to sell the home to!

Especially in the case that the home is very nice and has a lot of upgrades that put the home in the top tier in a neighborhood, it needs to be in tip top showing condition when the appraiser comes.

I often see sellers start to box things up or not continue to maintain their home in model home condition after they get an offer, this can be a big mistake.

One thing that you can prepare during the listing and after you get an offer is a display with all of the updates that have been done, and for the appraiser, I suggest listing the retail value of these  upgrades.

I've had these displayed and on a couple of occasions had the appraiser ask me for a copy.  It's a tool to help the appraiser justify the price on a nice house with upgrades.  If you have any anxiety over whether a home will appraise, this may help.  You got the offer, do everything you can for a smooth contract period.  Have a great 2014!

 

 

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Comments (2)

Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Gotta keep the home in tip top shape for the appraisal..not so sure we need to "sell" it to them, but it can't look like an all out wreck lol :)!

Jan 23, 2014 06:46 AM
Lori Cain
eXp Realty - Tulsa, OK
Midtown Tulsa Real Estate Top Producer

Peter, I always prepare a packet for the appraiser with a complete list of upgrades and properties that I believe are comparable to the one we're selling. Can certainly make the appraisal process go smoother!

Apr 23, 2014 06:55 AM