Pre-Listing Appraisals: Delivering More Than Just an Opinion of Value

Delivering More Than Just an Opinion of Value

In this lesson, Dan Lindeman’s experience with a recent listing appraisal was shared, highlighting his approach to FSBO assignments. Emphasis was placed on the importance of evaluating properties from a buyer’s perspective and providing honest feedback and practical recommendations to help sellers achieve the highest possible price. The lesson covered how tracking marketing efforts and acknowledging referrals contribute to successful appraisals. Key insights included identifying necessary repairs, understanding unique property features, and offering actionable advice to enhance market appeal. The overall goal was to demonstrate the value of thorough and unbiased appraisals in maximizing property value.

KEY POINTS:

Be open and honest with the seller. Go above and beyond instead of just giving your opinion of value.
Market to For Sale by Owners. Get your Google Business page up and running. Network with agents. Send email marketing: “Contact us to help you price your next listing” “Do the seller and you disagree on price? Hire an appraiser”
Use an email template and always provide a range of values in addition to a single point value. This will help the seller make an informed decision when they get offers.

Course: Handling Non-Lender Assignment Types

Pre-Listing Appraisals: Delivering More Than Just an Opinion of Value