Pre-Listing Appraisal Services
Napa Valley real estate is complex. If you’re planning to sell your property and want to work with a real estate agent, most advisors recommend that you contact the top 3 agents in your market area. Ask each of them to provide you with a Comparative Market Analysis (CMA) on your property. The CMA lists selected sales, active listings and expired listings in your area and is one of the most important first steps in determining how to set the “Listing Price". This step is vital if you're going to maximize your profit and minimize the home’s time on the market. It is wise to contact at least 3 local agents because it is possible for one person to misinterpret market data or use incorrect market data and make a mistake in pricing.
But even if you're working with the most experienced Napa Valley real estate agent, it's probably in your best interest to have Brauning Appraisals provide an "objective" third-party's opinion of value prior to signing a Listing Agreement. And that’s where we come in because we are objective and the real estate agents in Napa Valley trust us. Just ask them! We are well known, highly respected and trusted by local Napa Valley Realtors. We get many referrals from them. They always express confidence when they know we are providing an appraisal for their sale. We can provide you with a pre-listing appraisal or valuation consultation so both you and your agent have an accurate description of your home's features and a detailed analysis of the most recent and similar "comparable sales" or as they're commonly called, "Comps". In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal from Brauning Appraisals can:
- Be a very valuable negotiating tool once you have a potential buyer
- Impress buyer’s with written proof of your home’s condition inside and out
- Make yourself aware of problems and eliminate last-minute repair hassles that might delay a closing
- Decrease the chances of unknown problems that cause sales to fall through
- Eliminate the wait for the buyer or their mortgage company to get the appraisal done on their own
Many people are surprised when they find out that the market value of their home is much more than they thought. Investing in a professional appraisal from Brauning Appraisals actually could allow you to receive several thousand more dollars than you might have thought when your home is sold. Other people have an inflated opinion of their home's value and an appraisal can help them to realistically price their home in order for it to sell in a reasonable time. An overpriced home will not attract buyers, which means no offers and no closing and that you have wasted valuable time, money, and efforts.
Improvements to add value and Brauning Appraisals can advise you:
In addition to “how much?”, there may be other important questions to ask yourself before listing your home. Questions like ''Would it be better to paint the entire house before we sell it?”, ''Should I put in that third bathroom?'', ''Should I complete my kitchen remodel?'' Many things which we do to our houses have an effect on their value. Unfortunately, not all of them have an equal effect. While a kitchen remodel may improve the appeal of a home, it may not add nearly enough to the value to justify the expense.
We at Brauning Appraisals can step in and help make these decisions. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our appraisal fees are based on our time and efforts to complete the report and not a percentage of the sales price. So a professional appraisal can often help homeowners make the best decisions on investing in their homes and setting a fair sales price.