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PRE-LISTING APPRAISALS

A pre-listing appraisal is a home sellers key to success in obtaining an accurate unbiased opinion of value. According to the National Association of Realtors, when a property is initially listed at a competitive price, sellers receive 10% more upon the sale of their home when compared to properties which were listed at non-competitive prices. When a property is priced incorrectly, sellers are often forced to make multiple price reductions and potentially accept “low-ball” offers from buyers with unfavorable terms.