Property Intelligence Based on the Right Data, not Guesswork | 3 Hours CE or Post License
October 26 @ 6:00 pm - 9:00 pm
The ability to get it right the first time improves efficiency in pricing a home for sale by transporting property data into property intelligence. The value of the property is one of the most important factors when it comes to writing an offer, appraising the property and securing financing. In short, a house’s value is based on the amount the property would likely sell for if it went on the market. Pinpointing a specific and lasting value for a property is an impossible task because the value is based on what a buyer would be willing to pay.
Many factors come into play beyond the neighborhood, number of bedrooms and whether the kitchen is updated. Other things that could influence value include the time of year you list the home and how many similar houses are on the market. Property valuation primarily looks at recent sales of comparable properties in the area, and key identifying factors are the same square footage, number of bedrooms and lot size, among other details.
The professionals who determine property values for a living compare all the details that make the house similar and different from those recent sales, and then calculate the value from there. Let’s learn all the details that affect the home value and make adjustments for the comps superior and inferior features to create a fair market value for your listing.
(This class will be live video streamed via Zoom. If you are not already familiar with the Zoom platform, please try and familiarize yourself prior to the class. Click here to contact us if you have any questions.)
Note: If you are taking this class for Post License, you must complete all classes in the series with the same instructor. Contact us if you have any questions.