Sarah Torney’s Post

Are you curious about your home's worth? 🏠 Understanding the difference between market value and appraised value can give you insightful clues. Market Value is what buyers are willing to pay for your home, influenced by factors like market trends, location, and property condition. 📈 It's determined by what similar homes in your area have sold for recently, making it quite dynamic and responsive to the current real estate market. Appraised Value, on the other hand, is a more formal estimate of your home's worth, usually conducted by a professional appraiser for lending purposes. 📋 This evaluation is based on a detailed inspection of the property and analysis of the local market. Why does this matter? Knowing both values can help you set the right price for selling your home 🏷️ and understanding how much you might be able to borrow against it. Ready to dive deeper or need an appraisal? Reach out today 📞 and let's get you the detailed insights you need for your property! #BerkeleyHomes #OaklandRealEstate #ElCerritoProperties #RichmondCAHomes #JuneAndSarahBerkeley

A home appraisal holds significant importance in the real estate market. It helps sellers set an appropriate listing price based on the property's value, ensuring a fair and competitive selling process. For buyers, an appraisal assures that they are paying a reasonable price for the home they intend to purchase. Lenders also rely on appraisals to determine the maximum loan amount they are willing to offer. Sometimes, buyers will waive an appraisal in competitive real estate markets. When there are bidding wars, it's done to be more competitive. If this is the case, Buyers need the money to make up the difference if the appraisal is less than the purchase price. These are discussions that come up on both sides of a real estate transaction and I have the knowledge, skill, and experience to help you navigate them. #dallasrealtor #dallasrealestate #dallasrealestateagen #scoutrealestate

📊🏗️ Housing Shortage Easing: A Sign of Market Recovery In a notable market development, Realtor.com reports a 4.9% increase in available homes in December, offering more opportunities for buyers and a sign of market recovery. A crucial time for real estate professionals to reassess strategies and seize emerging opportunities. #RealEstateTrends #HousingMarketInsights

Don't list your house at the highest valuation... Big numbers and shiny things are almost irresistible. They draw our attention and make us dream. The reality in the housing market, however, is that the highest valuation will come from the worst agent. Why? Overvaluing your home is a sales strategy. A lot of high-street agents use it because their business model relies on a sales pipeline. They focus on the number of properties that they have on their books, not the individual houses. The easiest way to get more listings on their books is to make people believe their house is worth more than it is. If you want to be a (housing) cog in a (sales) wheel, choose the agent that slaps a silly price on your home. If you want to sell your home, be the person who knows what the nearest comparable property sold for - type your postcode here, it'll give you a good idea. https://lnkd.in/eFVpbtxQ

If you've been in the market to buy, you know that inventory is low and offers are COMPETITIVE! When your dream home is on the line, you want to give yourself any edge possible to make your offer the winning one. See 10 ways to get YOUR offer accepted- even in the most competitive real estate market the U.S. has ever seen! ⁣ 1. Be the first to view a home and put in an offer.⁣ 2. Offer above asking and/or include an escalation clause.⁣ 3. Be open to an appraisal gap (or waiving the appraisal).⁣ 4. Beef up your earnest money.⁣ 5. Get pre-approved by a local lender.⁣ 6. Offer to pay the seller's moving expenses.⁣ 7. Defer closing terms and timeline 100% to sellers.⁣ 8. Waive the inspection contingency (can be tricky...)⁣ 9. Eliminate financing contingencies.⁣ 10. Gather a large(r) down payment or pay cash if you can.⁣ ⁣ An agent can help you mix and match any or all of these to present sellers your best and final offer right from the beginning. It is possible to get the home of your dreams even in this market—it just takes a little creativity and a savvy agent!⁣ #realestatetips #realtortips #realestateadvice #home #realestatelife #realtor #baltimorerealtor

Home Selling Tip - September If your home has been on the market and isn't selling quickly, you'll need to reassess what the issue(s) may be. Buyers may walk away from bad inspection reports because of costs involved to fix items. A listing priced high against a lower home appraisal will mean the buyer has to come up with the difference. Buyers can also suffer financing failures as banks will avoid risky investments. #DenniShefrin #Realtor #Windermere #East #RealEstate #Bellevue #Seattle #AllInForYou #WeAreWindermere

When buying a home, understanding the difference between an inspection and an appraisal is key. In this video, we explain what each one entails and why they’re important for your home buying journey. Get clear, concise information to help you navigate the market with confidence. Tune in for expert advice! 🏠✅ #RealEstate #InspectionVsAppraisal #HomeBuyerTips #MarketUpdate #RealEstateAdvice #RealEstateMarket #NCRealEstateTrends #MarketInsights #DeaIrbyRealtor #HomeBuyingTips #RealEstateUpdates #NCHomes #RealEstateAdvice

Step 3: Determine Your Home's Market Value Research Comparable Properties: While you are decluttering, cleaning, and arranging, I will prepare a comparative market analysis (CMA) of similar homes in your area that have recently sold. This analysis will help us determine your home's market value. Consider a Professional Appraisal: If your property is unique, hiring a professional appraiser might be the best way to get an accurate assessment of its true worth. Consult with Your Realtor®: I have the expertise to guide you through this process. Together, we will evaluate the pros and cons of your home compared to recently sold properties. Based on this evaluation, we will set a competitive and realistic price to attract buyers and ensure a quick sale.

Getting ready to sell your first home in the Wellington Region? Let’s make sure you set the right price! Here’s your step-by-step guide: 1️⃣ Research Comparable Properties: Check homes in your area with similar size, age, and features. Use platforms like Realtor.ca or Zillow to compare. 2️⃣ Evaluate Market Conditions: Is it a buyer's or seller's market? This can influence your pricing strategy. 3️⃣ Get a Professional Appraisal: An expert opinion from a certified appraiser can give you confidence in your pricing. 4️⃣ Inspect Your Home: Identify any repairs or upgrades that could boost your home's value. Small investments like fresh paint or updated fixtures can make a big difference! 5️⃣ Consult a Real Estate Agent: A local expert (like us! 😊) can provide invaluable insights and strategies to optimize your listing. Remember, pricing your home correctly can make or break your sale. Don’t rush this step! Thinking about selling your home or have tips to share? Comment below! 👇 #JasonOKeefeRealLuxury #JasonOkeefeRealtor #JasonOKeefeRealEstate #RealEstateWithJason #RealHomeExperts #RealBrokerOntario #OntarioRealEstate #YourHomeJourney #BuyandSell

Moderate House Price Increases Expected as Market Adjusts to High Rates Contact me to discuss the latest scoop in real estate! #losangelerealestate #larealestate #californiarealestate #californiahomes #losangelesrealestate #larealtor #realestate #realty #craigwhitlockrealtor #coldwellbankerrealty