Using a real estate value estimator to estimate the value of your home is essential to selling your house fast or before buying a property. There are two free ways to get a real estate value estimate and this article will explain both ways and why you need to know the value of your property.
Method One - There are a few good sites on the internet that will show you the value of your home. These sites basically take the address of your home and lookup public records of homes like yours that have sold recently in your area. They combine the values and come up with a fairly descent estimate. Most people value property by looking at what other homes are listed for in their neighborhood but this is not the right way to look at things. You really want to know what people have sold their home for. That is the true value of the property.
Method Two - Some real estate agents will give you a free estimate but you need to be careful. Agents want your business so they will do this for you but they might make your home look more valuable than it really is, hoping that you believe they can sell the home for their estimated value. What you want is someone to give you the true value of the home. Ask three experienced agents to visit your home and tell them you want to price the home slightly less than what it is worth. This will make them understand that you want to sell the home fast.
Method 3 - You can also find out the value of your home using a professional real estate appraiser. This person will come out to your home, take pictures, measure your home and find comparable home sales with a certain distance from your home. They will then give you a detailed report. This method is fairly accurate but expensive. Typically the appraiser will visit your home for two hours and the costs of the appraisal will range from three hundred to six hundred dollars. I don't recommend this method for someone selling a home because it is too expensive. If you are buying a home you will have to pay for an appraisal if you are getting a loan.
The number one reason homes don't sell fast today is because they are priced too high. Don't make this same mistake. Price your home lower than its true worth and you will not only sell it faster but maybe make more money because of multiple offers.
Use our real estate value estimator today at http://www.realestatevalueestimator.com where you will find tips, articles, and resources to help you sell your home fast. We also have a wonderful realtor comparison tool where real estate agents bid for your business.
Article Source:http://EzineArticles.com/?expert
No comments:
Post a Comment