.

Appraisal Issues When Selling | Athens GA Home Value Disputes

So, are home values declining, or not? What to do when you're selling your house in THIS market.

 

So, where are Athens, GA home values today? Well, depending on the agent you ask, you could get a million answers. Those of us who are selling on a daily basis are starting to see a shift in the market.  

What does a "shift" mean? Well, it means that we are shifting from a buyer's market to a seller's market. Inventory (homes for sale) in Athens is down in some areas by as much as 47%. We all know that when supply is down, but demand does not change, prices rise. 

Now, don't get your hopes up for drastic appreciation on the house you bought in 2006. Home values in Athens, GA are still lower than they were a few years ago. However, if you stage your house, keep it clean and "show ready," and perhaps added a few upgrades over the past few years, you may be surprised by what you can get for your home. 

There is a negative side to this shifting market: appraisers haven't caught up yet. The biggest "deal killer" in the market is the appraisers who have been burned in the past. The best way to make sure you keep any buyer you find, and get them all the way to the closing table, is to have your agent meet them at your house with a few sold, under contract, and active comparable listings that support your agreed upon sales price. Kindly walk them through the house and show them ANY upgrades or repairs or changes you have made to your house to make it better. 

Make sure you and your agent show the appraiser upmost respect. You're not there to tell them "how to do their job," you're there to help them make a detailed and accurate report. There are some things they just can't see when they walk through the house.  

Selling a house in any market is not easy. If there's anything my team or I can do to help you get your home sold, we are a phone call away. 706-389-0771

Brittany Purcell & Associates is an award winning real estate team serving Athens, Georgia with Keller Williams Realty and is owned by Brittany Purcell Realtor. Brittany Purcell&Associates ranks in the top 20% of all producing real estate agents in the area. 

Brittany Purcell & Associates | Athens Georgia REALTORS & Short Sale Specialists | Keller Williams Realty | 

706-389-0771 http://www.StartOverAthens.com http://www.BrittanySells.com 

 

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »