How an Appraiser Values a Home and How a Realtor Works to Determine Your Home's Value. What is the Role of a CDRE in This Mix?
Appraisal: An appraisal is a professional assessment of a property's value conducted by a certified appraiser. Appraisers use a systematic approach to evaluate various factors that contribute to a property's value. These factors typically include the property's size, location, condition, features, recent comparable sales in the area, and market trends. Appraisers follow established guidelines and methodologies to arrive at an unbiased and well-supported value estimate.
Realtor's Comparative Market Analysis (CMA): A Realtor uses a Comparative Market Analysis (CMA) to estimate a property's value. A CMA involves evaluating recent sales of similar properties in the local market. Realtors consider properties that are similar in terms of size, location, condition, and features to the subject property. By comparing recent sales prices of these comparable properties, a Realtor can arrive at an estimated value for the subject property.
Selling a home without the guidance of a Certified Divorce Real Estate expert can lead to various challenges and complications. One of the major issues is the difficulty in objectively assessing the true value of the property. Emotions running high during a divorce can cloud judgment, resulting in either underpricing the house and incurring a financial loss or overpricing it and deterring potential buyers
The advantage of hiring me, a Certified Divorce Real Estate Expert, to handle your marital property.
As a Certified Divorce Real Estate Expert (CDRE), I bring unique advantages to sellers who are going through a divorce and their family law attorneys. If you are a seller facing divorce, here's why you may want to request me as your realtor:
Are you feeling like your life is in utter chaos?
Are you considering divorce and wondering what the process will be like? While the deterioration of a marriage is heavy for a variety of reasons, understanding what options are available and the order of events that follow can help lighten some of that weight. Sometimes a bit of predictability can bring a sense of comfort.
If you intend to sell the marital home, there are questions often about when to sell and whether the next step should be to purchase again or rent.
On that note, I wanted to keep you apprised of how the Russian invasion of Ukraine has — and could still — impact the U.S. housing market, and thus, if you must make decisions about real estate.
I'm passionate about handling real property issues in family law (divorce) cases. I love and enjoy helping people.
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