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Seller Secret Episode #5 When Getting an Appraisal is a Benefit

Friday, September 6, 2019   /   by Jake Batac

Seller Secret Episode #5 When Getting an Appraisal is a Benefit

Don’t get an appraisal for your home if you’re a seller. It will not benefit you. If that’s the advice you got from anyone, then that may not be accurate. It’s not a one size fits all. Keep reading to see when it is necessary to get one.

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What is the seller's secret number five?

Number five is actually when getting an appraisal would be beneficial for you 

Sometimes a good appraisal can benefit you, and sometimes it can be a number that you don't like so much. So, if, for example, you've been interviewing agents, which we think you should, but if you've been interviewing agents and you're getting kind of different numbers that are kind of all over the place, maybe you want to get an appraisal done to give you a piece of mind of what the bank would actually finance a buyer to purchase your property.

This can change your entire perspective. Sometimes the number that you have in your mind is a lot lower than what it can get appraised for. This way, you can sell your house for a lot higher. Or sometimes maybe it's a lot lower than what you had in mind, and if it's way too low and you really don't want to sell for that price, you might want to put things on hold. 

So the disadvantage, the only con is that it does cost money and it does have a limited life, so it does expire. But if you wanted to get a free appraisal, a free assessment, just give us a call  at 647-977-9752, and we'll be happy to come by and give you a free market evaluation, and let you know what it would sell for in today's market, and most likely, we probably have a very qualified buyer that may not really need to have it appraised.

Let us know if you have any questions about appraisals or if you had any issues with appraisals, if you heard of anybody who had issues. Or if you're very new to the market and you just want to know what that even means, right? 

More importantly as a seller, when does getting the appraisal work for you? When does it help you? So, if you have any questions about that, let us know.

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Watch full video here: https://youtu.be/48hXA_wRj5o

  broker, real estate, toronto platinum realty team, toronto home selling