assessed .....or appraised?
assessed might be town wide - where all the homes are being evaluated and reassessed for tax purposes......or.............is an appraiser coming in either because you are refinancing or selling your home, so they need to attach a fair market value to your home?
In both cases, they will look inside and outside................how detailed they are may depend on whether it is a town assessment or an appraisal...........if it's an fha appraisal, it may be even more detailed.......
when my home was assessed as part of a town reassessment, the young woman walked around quickly with a clipboard and just made a checklist of what she saw - she was in and out in under 15 min...she was not a trained appraiser - more like an order taker
an appraiser will take longer - approx. 30 min or more , depending on the size of the home....will walk around, draw a floorplan of the rooms........make note of upgrades or obvious flaws.....take photos....measurement from the exterior.........the home is inspected inside and out......but this will not be anywhere as intense or detailed as the home inspection!
an fha appraisal will be more detailed ........ more
Yes. We cannot change the status in the MLS to Under Contract until it is out of attorney review. In the meantime, your agent should let anyone who inquires on your property know there is an accepted offer.... more
we are at 2003 prices unless you have done a lot of improvements. you agent shold be able to show you comparable sales so you know you are priced right.
Since you are getting showings but no offers it is most likely price but staging your home could help too.... more
No you do not have to use the same agent that is selling your home to buy a home unless of course you signed something with that agent binding you into using them as your selling agent. Since selling and buying at the same time can be somewhat of a challenge I would normally advise its best to use the same agent but if you are not happy with your agent than I see no reason using the same agent. Again, make sure you are not bound by a written agreement to buy through her too. Is your current home under contract? If not, how much time is left on your listing agreement?... more
As far as I'm concerned, that answer may be different for different people. I think you really need to go and interview with several agencies to get a feel for what they have to offer and how you feel you'd fit in to their agency. Make sure wherever you go they have a great training program - whether it's formal classes or whether it's one-on-one with the broker. I interviewed with both a large, national brokerage and a small, local brokerage - I chose the small local brokerage because I really liked the broker and the other agents in the office - it really is a family atmosphere and everyone is supportive of one another. For me, this was the right choice. For someone else, they may have felt more comfortable with the formalized training that the national brokerage had to offer. Good luck and please keep me posted.... more
Bob: This happens a lot in our area. We have a lot of agents here in Southern California and there are open houses on homes in Pending all of the time. The agents try to get buyers on the hook. It's always difficult when I am driving clients around and we see all of these open house signs that are for homes already under contract.
One time I actually pulled into an open house and the agent admitted to me that he was falsely staging an open house just to hustle buyer clients!
I don't think it is ethical however, many do. This is just one of the cheap things that Realtors do that make our profession seem like we are unprofessional.
Authenticity is rare in our business. Keep it authentic and the public will see your professionalism through the fakers!!!!