currently on the market and those recently sold, and will present you with a detailed and adjusted
market home value evaluation. Once you have that the agent will also be able to give you an app.
idea of the final sale price and the net to seller, based on estimated closing costs.
You can also hire an appraiser, it just depends what your reason for wanting the information.
Just to know, to put your home on the market or decide if it is worth based on what you still owe to the lender. But it is a good idea to discuss all of it in detail with an experienced Realtor. If you need a recommendation let us know we gladly send them your way.
An appraiser will charge a fee up front !
The experienced Realtor, will provide the information initially free of charge in most cases,
with the mutual understanding that if and when you will decide to put your home on the market
that you will list your home with that particular Realtor who gave you so much good advice including
when listing your home, also with staging ideas and suggestions to prepare your home for showings, so that it shows its best to potential buyers, and on photos on the internet!
And yes at the very end your home truly will be worth what a ready and willing buyer, and an approved buyer is ready and willing to pay for your home. So prepare it well, so it shows its
Good luck to you.
Hope this helps...
Most Sincerely yours,
Edith YourRealtor4Life and your Chicago and Northern Illinois
and RElocation Expert
Working always in the very BEST interest of her clients
at @Properties North Shore
Edith speaks French, German, Spanish & more
Get to know Edith and her Service her website is
Simply enter your property details above and we will provide they similar properties to help you compare prices.
A local real estate broker will be able to determine the value of your properly once they have viewed the home and compared it to the most recent sold comparable properties in your building and/or neighborhood. Most agents, including myself, would be happy to meet with you in your home and provide you with a complimentary market evaluation. Feel free to call me with any further questions or if you would liek to set up an appointment.
VP, Associate Broker
The Corcoran Group
646 593 7207
So...I would encourage you to use those sites, but DO NOT rely upon them. You can get a full-blown appraisal for under $500 and it could be well worth the money. Short of that, you might be able to get a Broker Price Opinion (BPO) or a Comparative Market Analysis (CMA) done by an agent for a lot less (oftern free if you list with them).
This is a BIG transaction you're dealing with, go cautiously and beware of "penny wise, pound foolish" ways to "save" money!! Best of luck with the sale of your home...Jim
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson , LSA
Proudly Serving Long Island
Coldwell Banker Residential
"I Stand Behind Getting You Results!"
For more info. contact:
Keller WIlliams | NYC
There are other reasons to determine value that must be revealed to gain any relevance. The PURPOSE WILL change the result. Who is requesting will change the result. For instance, is the purpose for:
A partner buyout
You can get data/numbers from Zillow.
You can get data/numbers from Trulia
You can get data/numbers from the Tax assessors website.
You can even go to the Bank of America Website and get a set of numbers. All will have some number with a label of 'value, market, price, evaluation, market value, just market value, and a few honest ones will blatantly say, "Wild a$$ Guess!"
Soon you will realize data without judgement is of no value.
What you need is a expert who can interpret the data as it pertains to your goals and objectives.
For instance, a real estate professional will use three independent methods to reach a comparable VALUE for your home. This 'value' will be juxtaposed with the activity of REAL buyers in the local market. This will result in identifying the most profitable value position for your home and therefore the opportunity for the highest price.
Depending on your situation, your real estate professional will properly prepare you for the next most common mistake in determining value.....the lenders appraisal! Again, the pro representing you will position your property appropriately to anticipate this predictable ambush.
In the end, only when you separate a buyer from their money, will the real value of your property be known. Meanwhile, a consultation with a pro who is involved and the sale and purchase of dozens of homes a year can prove beneficial.
Best of success in the sale of your home.
Best of luck,
Nick A. Agostinelli
Licensed Real Estate Salesperson
office 212.729.5712 EXT. 144
Real Estate & Development
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guideline toward the SELLING PRICE.
Some Sellers believe that by setting the LISTING PRICE high, they can always come down, and people will make an offer anyway: WRONG! Buyers will just bypass the property and look at houses that are within their price range. And six months from now, the Seller will slowly start lowering the PRICE, (this is called â€œchasing the curveâ€) and Buyers will be asking the question; â€œWhatâ€™s wrong with that house?â€ and â€œWhy has it been on the Market so long?â€
Other Sellers set the LISTING PRICE low, to attract multiple offers. (The correct strategy.) We are asked; â€œArenâ€™t you obligated to sell at this price if someone offers it?â€ The answer is probably not; for that to happen, you would first have to have only one offer, and secondly, the offer would have be exactly the same, down to the smallest detail, (please discuss this with your Realtor).
Another thought; Buyer will search for potential properties by groups; for example, $400,000 to $450,000, and $250,000 to $300,000. If your house is priced at $460,000 or $310,000, the Buyers will never see it. (something else to discuss with your Agent.)
Different Banks have different philosophies about pricing their properties: You cannot draw any conclusions without a good analysis.
Have your Realtor do a CMA, (Comparative Market Analysis) to help you determine your Offering Price. It is the surest way to determine the Market Value of the property.