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Home Appraisals When and Why to Use Plus 3 More Methods to Establish ValueThere are several methods of home appraisals used to establish home market value, when you are ready to sell. Here we will cover the various ways and explain the pros and cons of each method. From past experience there is only one best way to price your house to achieve the desired results so we will save that one for last.
It is also important to look at the other methods as they can be used in conjunction with #4 and also are valuable for other reasons. Keep Your Goal in Mind You may be thinking, I know what my home market value is without going through all this stuff. I'll just skip this section. Please don't. Based on the commission you are going to save selling for sale by owner, your time spent here is worth at least $1000.00+ per hour. ;-) 
Here they are. We have seen each of these tried out there by FSBO's (for sale by owners). After you have read each method from #1 to #4, you can then decide your actual asking price.
The Four Methods
For Home Pricing
#1 - The Throw a Dart Home Appraisal #2 - The Research the Neighborhood Price #3 - The Free CMA from 2 or 3 Real Estate Agents Price #4 - The Certified Home Appraisal Price
You Have the Market Price
What Is My ASKING Price?
Once you have established your home market value, you will have to decide what your asking price will be. Your final decision will depend greatly on your motivation to sell. Once you have looked at the 4 pricing options, you should be able to make a quick and sound decision. The following are a list of the 4 pricing options.
The 4 Decisions
#1 - The Ask the Exact Appraised Value. #2 - The Ask a Small Percentage Above Your Appraised Value. #3 - Ask a Small Percentage Above Your Appraised Value. #4 - Ask a Price Well Below Your Appraised Value. Once you have Studied the various ways to appraise your house and decided the asking price, you will be ready to move on. Return to - Sell My House - Home Page Disclaimer Privacy Policy Contact Me
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