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Indianapolis Appraisal Blog

About AVMs and Selling Your Home
March 2nd, 2010 1:06 PM
Selling your home is one of the most important financial transactions for any family. Some Realtors and sellers are relying on Automated Valuation Models (AVMs) or “free value estimates”to determine a home’s sale price. These computers are located in cities far away and not necessarily in the Indianapolis area. They rely on data gathered from a hodge podge of sources (some shockingly unreliable). They mix the data up and then spit out a “value”. Simply put, relying on that data instead of a professional appraiser can result in disaster.

Perhaps you’ve spent thousands on kitchen renovations, bathroom updates, or invested in new additions that add value to your home. No computer takes these improvements into account.

Realtors, sellers and even home buyers are sometimes in a rush to close on the sale. But a professional appraiser can be your unbiased advocate, telling you what your home is really worth, with careful consideration of all the aspects of your property.

Backed by an unbiased professional appraisal of your specific property, your asking price will have significantly more credibility. Potential buyers will take note, and so will their prospective lenders.

If you’re selling a home, order a real appraisal from Indianapolis Appraisals for a true valuation. We are professional appraisers with years of experience in . We know your neighborhood and your housing market. And, we actually come to your home and evaluate the features, the upgrades, and specific amenities of your property. No computer can compare.

If you need a real estate appraisal in the Indianapolis or surrounding area, please give us a call.

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Posted by Anthony Akins on March 2nd, 2010 1:06 PMPost a Comment

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