It seems as if every real estate agent on every street corner offers a “free appraisal” these days. Unlike the confetti that was simply thrown and discarded at your last New Year’s party, we believe there’s a lot more to them than meets the eye. In this article, we explore the in’s and out’s of an appraisal, and the difference makers that’ll help you better understand why you need one.
If you’ve had a property appraisal in the past, it’s important to keep a fresh one on-hand in the event you decide to make some important decisions for your property in 2019. With property values set to increase in Brisbane this year (AFR, 2019), you’ll want to be one step ahead of the pack. We list here some important things to consider when seeking out your next property appraisal:
Know WHY are you needing an appraisal
Are you looking to sell Are you looking to refinance Are you looking to rent out your property Or are you just plain curious
If you’ve answered yes to any of these questions, it’s time you sought out a property appraisal. Being informed with the best and most current data about your home ensures you’re making the right move. Local real estate agents, especially those that genuinely care, will help you understand what your property would realistically sell or rent for in light of current market conditions, historical data, and geographical trends.
What’s in a property appraisal (like a good one)
Wind back 10 years and the Brisbane real estate market was a very different place. It seemed like there weren’t enough agents to cater to the the growing demands of the market. For appraisals, some real estate agents would have just given you a quick verbal estimate on your property’s value. Better agents may back it up with an email and perhaps a pre-templated report that they just copied and pasted from an online source. The best agents would spend quality time with their customers, help them understand intricate details about their property, area and market conditions, and consolidate that information in a detailed and tailored report.
Today, it seems like the scales are tipped in the customers’ favour as everyone and anyone looks to be a real estate agent these days. When seeking out your next appraisal, ensure your real estate agent gives you a) quality time, b) a comprehensive report, c) tailored advice.
Would you say no to free and expert advice regarding your most valuable asset
You wouldn’t seek phlebotomy advice from a plumber, nor would you ask your hairdresser to service your brand new Maserati; in real estate terms, you wouldn’t seek advice about your property from someone who’s inexperienced or inappropriately qualified. Seek out the advice of a trained, qualified, experienced and above all LOCAL real estate agent when looking to complete your next property appraisal. They’ll have their fingers on the property pulse in your neighbourhood and provide you with the best advice for your particular circumstance. Feel free to compare different agents advice and make the decision that’s best for you.
Better information means better decisions
If you’re looking for an agent that genuinely cares about your personal situation and your individual property goals, have a chat to our team at Rockwealth Properties today on 0424 060 003 and leverage off our expertise and over 30 years of experience.
Sources: https://bit.ly/2QUHiIv | https://bit.ly/2Hidvdr