Pre-Listing Appraisal Services For Real Estate Agents

As a real estate agent working in the Pueblo West Market, when listing a property for a client, I imagine you will provide your clients with a Comparative Market Analysis (CMA), Broker's Price Opinion (BPO) or some other less formal valuation process that lists selected sales in their area as one of the first steps in determining what to set as the “Listing Price". This step is vital if you're going to maximize your client's price and minimize the home’s time on the market.  This is better for you and your client, because we all lose when it comes to over priced listings.  You might also perform a similar service for a buyer when considering what to make an offer at. What if... that valuation was performed by an unbiased, independent appraiser? How would you like to get out of the listing price war with other agents?

Homes that are in homogenous subdivisions or neighborhoods in which you may have a great deal of experience selling homes are "simple as pie" to set a price. But even the most experienced agents occasionally are asked to list a "unique" property or one with unusual features for an area. Sometimes you may be asked to list a property that has already been on the market a long time or one where condition/improvements may be an issue. In these cases, it's probably in your best interest to have a third-party's "objective" opinion of value prior to signing a Listing Agreement. That’s where Colorado Realty Reports come in. We can provide you with a pre-listing appraisal and other services to help you have an accurate description of a home's features and a detailed analysis of the most recent and similar "comparable sales". In addition to helping you set a realistic selling price so your listings will attract buyers, a professional appraisal can:

• Verify the home's Square Footage
• Create a very nice Floor Plan of the home you can use in your marketing materials
• Be a very valuable negotiating tool once you have a potential buyer
• Make your sellers aware of potential FHA Conditions and other problems and eliminate last-minute repair hassles that might delay a closing
• Eliminate the wait for the buyer or their mortgage company to get the appraisal done on their own

In today's changing market, many people are surprised to find out that the market value of their home is more than they originally thought! Investing in an appraisal allowed those people to receive several thousand more dollars than if they had listed without an appraisal. Typically most sellers have an inflated opinion of their home's value and an appraisal helped them to realistically price their home in order for it to sell in a reasonable time period. An overpriced home rarely attracts buyers, which means no offers and no closing and then you have wasted valuable time, money, and marketing efforts.

Interested in ordering an Pre-Listing Appraisal? Click Here To Either Contact Us or Even Order an Appraisal.