This week on My Greenville Home Radio, Dan is talking with Christofer White with Carolina Appraisal Partners. Chris has been an appraisal expert since the 90’s, opened his own business in 2009, and is now poised to open new offices across the Upstate. Chris along with his wife both have worked in real estate selling over the years as well.
“Appraisals are one of the most misunderstood parts of the real estate transaction,” Chris explained, “A real estate agent’s goal is to represent the buyer or seller in the transaction, my job is to represent the general public by studying the market context of a home and pricing appropriately.”
Chris admitted appraisals can be subjective. “I believe appraisals are comprised of 80% facts and 20% opinion. But appraisers are not the bad guys. They are honestly trying their best to service the public and accurately mark a home.”
There’s no substitute for an appraiser with their boots on the ground, invested in the local market. A local appraiser has a wealth of knowledge and is able to most accurately assess the value of your home. Chris warned Dan’s listeners about a new “desktop appraisers” trend emerging. Often appraisers will send non-licensed assistants to take photos of a home and send them back to the office for a remote appraisal. “The physical inspection is the most important part of the process,” Chris argued, “A thorough physical inspection of a home followed by a detailed analysis is the best way to assess value.”
Want to learn more about the local appraisal process and how you can prepare your home for an appraisal? Listen to this entire episode of My Greenville Home Radio:
Dan Hamilton is the founder of Hamilton & Co. and the lead listing agent for the team. He is the only agent in the Upstate endorsed by Shark Tank star and real estate mogul Barbara Corcoran. Additionally, Dan hosts a weekly radio show on The Answer 94.5 and 106.3 WORD giving tips and advice on real estate and is a frequent contributor for real estate on Your Carolina TV show on WSPA Channel 7. Visit mygreenvillehome.com to learn how Dan can help you sell your home.