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 Listing Your Home - Should You Get a Professional Appraisal ?

Queens • Nassau County • Brooklyn  • Manhattan 

Have confidence in your listing price with an appraisal

You may wish to consider a pre listing appraisal from a professional who's sole occupation is to analyze real estate - BEFORE - listing your home - even if you're going to be working with a experienced professional real estate broker.

And that's where Tri Borough Appraisals can help ! We will perform a pre-listing appraisal of your  property with a detailed analysis using the most relevant comparable sales along with an accurate description of your home's features.

Working with a professional real estate agent to list your property? Then you can expect them to provide you with a comparative market analysis (or a CMA) that includes a detailed list of sold houses in your local market area. It's a customary starting point when deciding your home's best listing price. For anyone looking to get the most profit out of their house, which includes not having it listed for sale well beyond the typical marketing period, this is a important process.

Hiring an appraiser is an important part to establishing a proper listing price for your home in today's market. Our appraisals help property owners make  informed decisions.  Contact us at 516.443.3535 ~ or ~ 718.279.8618.

A professionally prepared appraisal report can help you decide on a competitive offering price so your house will entice potential buyers. Our reports can also:

  • Be a an extremely valuable negotiating tool once you find a potential buyer
  • Reduce chances of unknown predicaments that can cause sales to fall through, such as last-minute repair hassles.
  • To have some degree of assurance that a future purchase transaction can be underwritten from a property value point of view, should the buyer need to obtain a mortgage.
Many people are surprised when they find out that the current market value of their house is more than they estimated . So investing in a professional appraisal report may help some property owners to get several thousand dollars over what they thought they'd get for their home. There are also plenty of sellers who think their home is worth a lot more than it really is, and an appraisal may help them to adjust the offering price of their home in order for it to sell in a reasonable time period. Overpriced homes will not attract serious potential buyers, which means you throw away time and (not to mention) money, and still have no prospects for buying your home. Every month your house sits on the market is another month you have to pay its mortgage, real estate taxes, insurance, and other related expenses.

Improvements to add value

Tri Borough Appraisals can help you answer the many important questions to ask yourself before listing your property. Questions like "Should we paint the entire house before we sell it ?", "Would it help to put in that third bathroom ?", "Do I need to complete my kitchen remodel ?" Improvements we make to our homes can potentially have an impact on their value. But not all improvements will have the same affect. While a kitchen remodel may improve your home's appeal, it may not add nearly enough to the value to justify the proposed expense.

We will prepare a professional appraisal report that can help you make these decisions. An appraiser has no vested interest in what amount the house sells for. Our appraisal fees are based solely on our efforts to complete and finalize the report, and not a percentage of your home's sale price. A professional appraisal will help you make a educated and informed decision. Please consider ordering an appraisal from Tri Borough Appraisals. We would be honored to help !