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Answers (1)
- T.J. McCormack, "tsnout"
- Contributions:67
Good Day!
If I understand your question, you got 2 agents to give you an estimate of value and the values are $100,000 apart. If your home is in the luxury price range (million + in value), a 1 to 3% may be an acceptable range of value. If that states your situation correctly, here is my 2 cents! Do some research in your area and find an agent with a CRS designation. CRS stands for Certified Residential Specialist. These agents have a lot of market knowledge, experience and education. Get the CRS designed agent to preview your home and get a third estimate of value. Their is no substitute for market knowledge, education and experience. As an alternative, hire an appraiser with a strong professional reputation and pay for an appraisal on your home. Discuss with the appraiser (and your CRS designed REALTOR) the purpose of the estimate of value; market value, resale value, estate sale value, property tax value, etc. Good luck and The Best To You! TJMcCormack
If I understand your question, you got 2 agents to give you an estimate of value and the values are $100,000 apart. If your home is in the luxury price range (million + in value), a 1 to 3% may be an acceptable range of value. If that states your situation correctly, here is my 2 cents! Do some research in your area and find an agent with a CRS designation. CRS stands for Certified Residential Specialist. These agents have a lot of market knowledge, experience and education. Get the CRS designed agent to preview your home and get a third estimate of value. Their is no substitute for market knowledge, education and experience. As an alternative, hire an appraiser with a strong professional reputation and pay for an appraisal on your home. Discuss with the appraiser (and your CRS designed REALTOR) the purpose of the estimate of value; market value, resale value, estate sale value, property tax value, etc. Good luck and The Best To You! TJMcCormack
Who do we contact if there are multiple estimates for the same house, with $100,000 differences
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