SELLING WITH A REAL ESTATE AGENT
Selling a home through a real estate agent is the most common practice for selling a home in today’s market place. A real estate agent typically will provide a Comparative Market Analysis (CMA) to help determine the listing price of a home. A real estate agent is working for themselves as well as the seller or buyer, so it is important to have an objective third party opinion of value prior to siginig a listing agreement. Pinnacle Appraisals can complete a pre-listing appraisal that will provide real estate agents and homeowners an accurate description of the homes features. A pre-listing appraisal from Pinnacle Apprasials will also provide a detailed analysis of the most recent and most similar “comparable sales” or “comps.”
A pre-listing appraisal from Pinnacle Appraisals will provide:
- An objective and realistic sales price
- Maximize profits and minimize days on market
- Provide a valuable negotiating tool with a potential buyer
- Document a home’s condition inside and out
- Alert a homeowner to potential problems that may delay a closing
- Decrease the chances of a significant problem that may void the purchase agreement
FOR SALE BY OWNER (FSBO)
More and more homeowners today are choosing to sell their home For Sale By Owner (FSBO). A FSBO home can save a homeowner from paying a real estate agent commission on a sale. Real estate agent fees typically are between 5%-7% of the final contract price. An important step in a FSBO home is to not over/under price the value of a home. It is human nature for a person to become attached to his/her home. The emotional attachment associated with a home may result in a potential FSBO homeowner not objectively pricing a home at fair market value. Pinnacle Appraisals will provide an objective third party appraisal at fair market value.
An appraisal from Pinnacle Appraisals will provided a potential FSBO homeowner with :
- Expected days on market
- Average amount of sales concessions in the subject’s market area
- Provide a valuable negotiating tool with a potential buyer
- Document a home’s condition inside and out
- Alert a homeowner to potential problems that may delay a closing
- Decrease the chances of a significant problem that may void the purchase agreement
- Maximize profits and minimize days on market