Not too many sellers want their home sitting on the market for an unusually lengthy period of time. After all, there is a reason the old adage “time is money” was invented. Nowhere does this adage ring true than when dealing with real estate? This is why getting a Pre-Listing Appraisal is a very smart decision for a homeowner to make when they decide to put the house up for sale. Here are just a few of the benefits.
- A realistic asking price is set right out of the starting gate that is competitive with other homes in the local market. Too often, sellers attach an unrealistic price to the home because of sentimental reasons. This is a sure recipe for having the home sit with no attention being paid to the listing.
- The very act of getting appraisal allows the opportunity to gather necessary data that is useful in the process of negotiation.
- The price initially established is done so through a reputable and credible source. Prices should never be set off the top of your head. The agency that performs the Pre-Listing Appraisal will use data garnered from recent sales of homes with similar characteristics in the area and also similar homes that are currently on the market. The seller is never in any danger of pricing thems out of the market.
- The appraisal will also help to drive buyer demand and stimulate the interest of those who are looking to purchase a home. A price that is set too high will turn off many potential buyer and they may not be back for a second look if or when the unreasonably high price is lowered.
If the time has come to put the home on the market, an established and experienced appraisal company such as domain URL should be retained for their services. This will enable the home to be sold much more quickly, and the expense of advertising the home for sale will be lessened as it will not be sitting on the market as long. The quicker the old home can be sold, the quicker the new home can be moved into. You can connect with them on Facebook for more updates!