I have often thought it wouldn't be such a bad thing to be paid for that...with the promise it would be refunded once the home is listed or sells. I can't get a plumber to come for an estimate without paying for his time.
Personally, I think we do too much for free...and often" free" isn't valued as much as something you pay for.
To be honest, I think my opinion is worth something!
I know I'm swimming uphill here, and the day when one is paid for a cma isn't here.........but one can dream!
Katarina...the agent will have seen the comps inside, and be able to really compare and contrast them to your home. Appraisers only use what they seeon the interenet, and may not have a feel for the nuances of a particular area in a particular town.
Go with the agent....and you can find one to do it for free!
So, if you are looking for a value on your home just to know what it is, a market evaluation or a CMA (competitive market analysis) is a better determination of value. Realtors look at what homes have sold for in the area, what homes are for sale (your competition should you decide to put it on the market), what homes have expired (not sold when they were on the market), conditions of the homes, and they analyze all this data to determine a trend for the neighborhood. They will also be knowledgeable about the Local market (where all things Real Estate happen) and even the neighborhood you live in so they can give you a more accurate information.
Now, if you are just looking for a general value, here is a link to get a market snapshot that will keep you informed of what is going on in your neighborhood and the area around you...no obligation, just good information. http://www.homeinsight.com/Widget/default.asp?XPBPHTLVR8M3
As always, let me know if you have questions!
Hi Katrina, I'm located here in Tremonton, so I am very familiar with the market and I would advise you not to pay a dime for a CMA. We do our CMA's for free and they are a better indicator in this market than an appraisal. Let me explain, an appraiser is used for lenders. They don't always reflect what the home will actually sell for. Whereas a realtor has access to the MLS (Mutliple Listing System) that shows what similar homes have sold for in the past 30 days 90 days etc. You can always go onto my website as well to see what other homes for sell in your area are listed at. http://www.SarahBrocksmith.com. If you have any questions you are welcome to call me, text me, or email me anytime.
A realtor is someone who is trying to get the most possible from a sale.
Realtors are often finding their cma's (and offers based on it) do NOT get approved by the appraisers when a deal is trying to be financed.