The appraisal of a housing is a decisive step in the sale process.
It depends on how quickly the property and profitability you get.
However, it is not always granted the importance it deserves and, consequently, some mistakes are usually committed in the process.
In this sense, from the financial comparator HelpmyCash.com explain what are the mistakes that should be avoided at the time of rating a home to sell it.
“Real estate agencies, in general, pursue a commercial purpose when they carry out an assessment,” affirm from Helpmycash.
In fact, users of the financial and real estate comparator have revealed that, on many occasions, their profit was harmed because the agency made an incorrect appraisal.
“An unusual case that we could see, for example, was that of an owner who sold his apartment with a traditional agency. This one made the appraisal and suggested a sale price that the owner accepted, mainly, by ignorance. Subsequently, when
They were about to close the sale, the buyer’s mortgage appraiser argued that the sale price was very low compared to market conditions. ”
This, no doubt, altered the profitability of the seller, who could have obtained a superior gain if the appraisal had been done correctly.
On the opposite side, some agencies make appraisals with higher prices than the market to draw the attention of the sellers and capture them as clients.
However, buyers are not interested in these overvalued properties, which forces the owner to lower the price.
The consequence of this practice is that an unnecessary delay is generated in the sale.
But all this “does not mean that the real estate appraisal has to be avoided, but on the contrary: agents are professionals who know the market and have specific knowledge about the value of housing,” they say from the comparator.
For the reasons that have been previously exhibited, it is not advisable to define the price of the property based on a single assessment.
“Our advice in this sense is to realize as much assessments as possible and compare the results,” they point out from HelpmyCash
The online appraisal tools are useful for estimating the market values of the property.
However, the accuracy of these appraisals does not usually exceed 75%.
This is because there are certain housing characteristics that can only be evaluated on site, such as the state of conservation or quality of materials.
For all this, making online appraisals can be very useful, but it is advisable to always perform at least one face-to-face assessment of housing.
“Sometimes it is often thought that with face-to-face assessment we refer to the mortgage appraisal, but it is not the case. What we advise is, in addition to making rates on the Internet, contacting at least one real estate agency to make a free and face-to-face appraisal of
Housing “, detail the Helpmaycash experts.
The third mistake that should be avoided is related to defining the price of the house depending on the money the seller needs.
For example, some HelpMyCash users who wanted to sell their home to buy another calculated the acquisition cost of this new property and as a function of it estimated how much money they would need to obtain with the sale.
“What is usually overlooked in these cases is that the sale brings associated with a series of expenses, such as the IRPF or the payment of the municipal surplus value. If these are not taken into account when applying this method, sellers may incur losses
“They warn from the comparator.
That is why it is better to avoid this practice.
In short, the best way to decide how much a house is worth it is “realize as many times as possible and take an approximate average of the results.”
Then, each seller can choose a certain price strategy depending on the needs of it, they conclude from HelpmyCash.
