Should Sellers Get An Appraisal BEFORE They List?

November 3, 2008

Having an official home appraisal completed is required for most home sale approvals and home refinances. For home owners considering whether or not to sell their home in the first place, is a formal home appraisal necessary?

Recruiting a home appraiser in the early stages of deciding whether or not to sell your home can be a pricey and lengthy process. To secure a home appraiser, plan on booking an appointment at least two weeks in advance and spending somewhere between $300 and $500 for their services.

Not to say that home appraisals aren’t valuable. No two homes are identical, so having an independent third party with knowledge of your local real estate market is great to be able to compare “apples to oranges.”

What if there was a way to save the expense and wait of hiring an appraiser and STILL getting an idea of how much your house is worth? Homeowners deciding whether or not to refinance or sell their home can save that appraisal expense by connecting with a local real estate agent and receiving a free Comparative Market Analysis (CMA). CMAs often provide similar information to a report from a certified home appraiser, and experienced real estate agents often come close to an appraisal price.

GetMyHomesValue connects homeowners with local real estate agents. To receive a free, no obligation CMA today from an agent in your area, type your zip code in the box in the top right corner and follow the instructions on the next page.