The Monarch Group Real Estate Blog

Quick Tips: Getting Through the Appraisal

If you've sold your home or tried to sell your home in recent years, you know one of the most challenging obstacles during the process is the appraisal.

Here's what you need to know: They don't have to be an obstacle!

Now, here's what you can do:

1. If you really want an exact number, hire an appraiser.

*Important Tip: Make sure they are local! Some appraisers travel from long distances, you want someone who knows your area.

2. Hire a Real Estate Agent to complete and in-depth Comparative Market Analysis (CMA)

*Important Tip: Hire someone who is honest and someone you trust. You don't want to hire an agent just because they are giving you the highest numbers for you home. The highest numbers aren't always the right ones.

3. Have Realistic Expectations.

*Important Tip: Try and become as emotionally detached to the value as you can. We know, no one loves your home more than you, and rightfully so. You've put alot of hard work and memories into the place! However, appraisers don't include those factors when deciding their appraisal.

4. Make your home look as good as possible.

*Important Tip: This is like your home's job interview, so "dress to impress!" Just as you would clean up for your big interview, clean your home up and make it stand out!

5. Don't use automated website values

*Important Tip: Real Estate Websites now feature "Automated Values" and are not a reliable form of information. Even though you might start there, don't end there. Make sure to do further research!

 

If you are interested in finding out what your home is worth, contact us for a free CMA!

 

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