The term “value” can take many forms, and when buying and/or selling a home it’s important to understand all of them. There are five distinct ways to classify value. Although there are dictionary definitions for each, they are best understood through real-world examples. 1. Market value is the amount that a particular home is worth to a particular buyer. The Uniform […]
Quickly Find Out What It’s Really Worth, by Email, for Free It is important to regularly determine your home’s value. Even if you’re not interested in selling your home, having a Comparative Market Analysis, or CMA performed on your property can help guide you in determining if the county assessment, the basis for your property […]
Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. When you refinance or sell your home, the lender involved will insist that an appraisal be performed. An appraisal is the process of valuing real property and is simply an opinion of the market value of your home based on […]
Most consumers, and for that matter many Realtors simply do not understand how to properly value real estate and how to effectively determine the market value of a home. Here we discuss three common valuation mistakes: Add value to a property for a bedroom Incorrectly adjusting for square footage Compare non similar style homes with no adjustment Add value to a property for a […]
Home not selling? That could happen for a number of reasons you can’t control, like a unique home layout or having one of the few homes in the neighborhood without a garage. There is one factor you can control: your home price. While you’d like to get top dollar for your home, consider these six signs that indicate […]
For those considering selling their home one of the first questions is How Do I Determine the Value of My Home / What’s My Home Worth? Today there are literally dozens of Internet sites out there offering to assist you in determining your home’s value, and probably the most well known among these is Zillow and it’s Zestimate. […]
Whenever you’re new to anything—a new job, a new sport, a new town—you’re bound to experience a bit of a learning curve. For real estate professionals, the art of buying and selling homes is second nature. But for first-time (even, sometimes second and third-time) sellers, the process of getting their home sold can be a bit […]
Click here or image above to play video https://youtu.be/siTPLLX9wPc Since its launch in 2006, Zillow has taken heat over its Zestimates. Many homeowners have complained that the company’s automated home valuations don’t accurately reflect the true value of their homes. A formal complaint was also filed with the Federal Trade Commission alleging Zillow is misleading […]
Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your home, you’re probably wondering what other homes in the area are selling for. There might be one home in particular that you’d like to know the sale price on, or you might be interested […]
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