If you are still looking for more, contact us about our DIAMOND APPRAISAL which will also value "What If" scenarios such as, "What if we finished the basement?" or
"What if we refinished the kitchen and added a bathroom?".
Call Today - 720.217.7084
Realtors - Pre-Listing or Pre-Sale Appraisals will increase your ROI
STAND OUT FROM THE CROWD! I think we can both agree that Realtors these days are a Dime a Dozen, which means that competition for a listing can be fierce.
Peak Appraisals would like to help you Stand Out from the others by offering your prospective clients a Pre-Listing Appraisal to help them determine the proper
price to list their home. We do not want you to think we believe you are not competent to value a home. You Are. However, appraisers are independent, unbiased, and objective in
valuing a home. Furthermore, we have been trained in the Art of Appraising and can see potential scenarios where a home can be valued at a better price. But, lets
get back to how an appraisal makes you stand out.
But that is not all, keep reading to learn about Case Studies and additional reasons to receive a Pre - Listing Appraisal.
- Hiring Peak Appraisals makes you look good to the client because you go the extra mile
- Hiring Peak Appraisals gives you more bargaining power when an offer comes in. Less Negotiating.
- Hiring Peak Appraisals ensures the home is Priced Fairly. This may shorten the Time to Sale & increase the Final Sales Value.
- Hiring Peak Appraisals can save you money by valuing a home correctly and getting more eyes on your listing.
- Hiring Peak Appraisals will improve your business and help spread the word that "YOU, Are the Realtor to Hire!"
- Hiring Peak Appraisals is not a Marketing Cost, but rather it is an INVESTMENT in maximizing your home's value.
In today's tough Real Estate times, a pre-listing appraisal should be just as important as getting pre-qualified for a loan. This should be the first thing a
Realtor / homeowner should do before listing their home on the market. In recent years home values have declined significantly making it very difficult to decide what the proper price is
to list and sell a home quickly. So it is very important to price your property with a fair market value of what your home is worth. It is no secret, buyers do their homework and know when
a home is priced higher than its market value and this could withhold them from making an offer. In this buyers market, and in these times, you will not list your home if it is overpriced.
The timeframe to market the home and catch someones eye decreases after the home has been on the market for a significant period of time. Valuing the home
correctly will ensure the maximum opportunity to catch a buyers attention quickly. On the flipside,
if you undervalue the home you do not want to leave money on the table. Peak Appraisals provides pre-listing services to some of the most prominent Realtors in the Denver Market. We have helped
them shorten the time the home is on the market while maximizing the homes final sale value.
Case Study 1 - The RIGHT Price Sells The Home Quickly
Recently we were approached by a Realtor who was attempting to list a multi-million dollar home. The homeowner believed the value to be near the home's peak value in 2007, while the Realtor was trying to explain
that the home had decreased in value over the past few years. In an effort to save face and not insult the homeowner, Peak Appraisals was brought in to provide an independent, fair market value prior to it being listed.
What the Realtor had expected was found true. The home had lost hundreds of thousands of dollars in recent years, and as bitter of a pill it was to swallow for the
homeowner, they chose to continue with the listing. Because the home was valued at the RIGHT price the homeowner received an offer almost immediately, for full value. Both the homeowner and the Realtor
were elated. For the homeowner, he was able to maximize profits on the home and sell quickly. For the Realtor, they were able to reduce costs and efforts attempting to market the home and they too were
able to maximize profits. Everyone was satisfied.
... But not all cases end so well. Consider this:
Case Study 2 - The Determined Homeowner
Similar to scenario 1, we received a call from another Realtor to appraise another multi-million dollar home. The homeowner was adamant that his home was worth a specific price and would not accept
a dollar less than this price. The Realtor feeling stuck, but not wanting to miss this opportunity, called Peak Appraisals. After a complete review of the property it was determined that this home had lost value and was not going to receive
an arms legnth transaction if priced at the homeowners chosen price. After careful consideration the homeowner and Realtor decided "now" was not the best time to list the home and would wait for the market
to begin to recover. While this scenario did not make thousands of dollars for the Realtor or homeowner both parties agreed that if they had not gotten the property appraisal they would have wasted months
of time and thousands of dollars marketing the home before determining that it was overpriced. Additionally, the homeowner was impressed that the Realtor had
gone the extra mile in helping him value his home he agreed that he would use that Realtor when the time was right. This was a Win-Win for all.
....But not all homes are losing value ... Consider this:
Case Study 3 - *HELP* I Just Can't Figure This One Out.
We received a call from a Realtor who was trying to determine a CMA on a multi-million dollar listing, but this one was tricky. Recent sales were all over the place and determining exactly which homes to
compare the subject to was nearly impossible. To make sure they were not making a mistake, they called Peak Appraisals to value the home. After completing an appraisal of the property, Peak Appraisals
determined a market value that was much higher than expected. In this case, thousands were made simply because they did not undervalue the property.
...Think Pre - Listing Appraisals are just for the rich? Think Again:
Case Study 4 - It's Not Just Multi-Million Dollar Homes That Need A Pre-Listing Appraisal
Some of the most hard to determine fair market value properties are the $300K - $800K price range. With foreclosures, short sales, and people dumping homes quickly; values can be extremely hard to determine.
Peak Appraisals has worked with Realtors to define the RIGHT market value for many homes in these price ranges saving both the homeowner and the Realtor in the process.
We could go on and on with Case
Studies that prove our point. However, we suggest to try Peak Appraisals for yourself to begin writing your own Success Stories and see how Peak Appraisals can partner with you to increase your ROI and
Maximize Profits. Think you cannot afford an appraisal? Think Again, with appraisals starting as low as $150 this is one investment that you cannot afford to miss. Call us today to learn more.
Pre-Listing Decisions - Should I Update My Home Before Selling?
Before someone decides to sell a home, there are several decisions to be made. First and foremost: ''How much should it sell for?'' However, there may be additional equally
important questions to ask: ''Would it be better to paint the entire house first?'' ''Should I put in that third bathroom?'' ''Should I complete my kitchen remodel?''
Many improvements we do to our houses have a direct effect on their value. Unfortunately, not all of them have are equal. While a kitchen remodel may improve the
appeal of a home, it may also provide enough to justify the expense. Comparably, finishing the basement may not provide enough return on investment to justify the finish before listing.
Peak Appraisals can help make these decisions. What makes an appraiser unique is that they have no vested interest in what amount the house sells for. Our fee is based on our efforts,
not a percentage of the sales price. So seeking a professional appraisal can often help Realtors / homeowners make the best decisions on investing in their homes and setting a fair sales price.