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Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.
It’s also the appraiser’s job to develop an opinion on a home’s fair marketvalue, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,
percent from one week earlier Appraised Value Vs. Sale Price Excerpts: Property sellers often ask professionals who are performing appraisals for mortgage lending, “Why is an appraisal even needed? However, when it comes to appraised value vs. sale price, they are not the same thing. Unlike value, price is not an opinion.
Its important to note that in King County, property taxes are based on assessed value, not the actual sale price. That said, the price is often used as a key indicator of marketvalue for future assessments. FEBRUARY HOUSING UPDATE Is the spring housing market already underway? That was led by King Countys 9.5%
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