Re/max Signature
Re/max Signature
The Burton Team, Re/max SignaturePhone: (386) 295-1200
Email: [email protected]

Top reasons why a home appraisal is vital for home sellers

by The Burton Team 11/15/2023

Top reasons why a home appraisal is vital for home sellers featured image

A home appraisal helps a property seller determine how to price his or her residence, making this a significant step in the home selling process. With a great appraisal, a seller may boost the likelihood of earning top dollar for their home.

A home appraisal is conducted by a property expert

An expert home appraiser will allocate significant time and resources to complete a report on the home. This professional also performs a home analysis as part of their assessment to provide an accurate property valuation. When searching for an appraiser, it’s best to check their credentials and testimonials to make sure they can offer great service. 

A home appraisal is based on your home's condition & real estate market data

Although many home sellers believe an appraisal's property valuation is based solely on the age and condition of a house, other factors come into play. This includes the current state of the housing market, the prices of comparable houses that recently sold and other real estate market data to determine the optimal property valuation.

Completing home renovations prior to a home appraisal can also have a positive impact on the evaluation of your property. 

Offers selling insights you may struggle to obtain elsewhere

A home seller won't have to wait too long to receive an appraisal report, as a home appraiser usually can provide this report over the course of a few days. This report can reveal key details about the property such as condition of plumbing or the electrical system, how it compares to other properties in the area, if the home is in good shape and more.  

When it comes to conducting a home appraisal, you may want to consult a real estate agent. As a housing market professional, they can explain how a home appraisal works and answer any concerns or questions you may have. Plus, a real estate agent may be able to put you in touch with the top-rated home appraisers in your city or town. 

Ready to add your residence to the real estate market? Perform a house appraisal, and you can move one step closer to establishing a competitive initial asking price for your home.

About the Author
Author

The Burton Team

Darin, is a 26 year, experienced broker associate with 13 years in the RE/MAX system and who is native to the Daytona Beach area. Knowing our real estate market and solving problems in advance are just of a few of the assets he brings to the table while working with buyers and sellers. He and his team are committed to providing the best results and personal service in the industry. They carefully ascertain the client's real estate goals and work hard to create solutions that make sense for them. Whether the client is new to the market or an experienced investor, they have the expertise, proven track record, with resources to help real estate customers achieve their goals. 100% Club in 2016, 2017, 2018, 2019, 2020, 2021 and 2022. Darin also became an esteemed member to RE/MAX Hall of Fame in 2020.

Designations

EPRO, ABR (Accredited Buyer's Representative), RENE (Real Estate Negotiation Expert)

Specialties

CON, BB, SS, AUC, RELO, RA, FP, LUX, SC, FL, LP, HP