Bridging The Appraisal Gap In A Hot Real Estate Market

Bridging The Appraisal Gap In A Hot Real Estate Market

You may have heard that there’s a shortage of available homes on the market. And it’s sparked bidding wars amongst eager (and sometimes desperate) buyers who are just looking for a place to live. This is causing homes to sell at record highs.

Then it happens… the home appraisal comes in LOW 📉😱!

With how quickly homes have been appreciating, comparable sales, which are typically used for appraisals, can be lagging, causing what we call an “appraisal gap.”

Should I Buy Or Sell A Home Without A Real Estate Agent?

Can You Buy Or Sell A Home Without A Real Estate Agent?

SHOULD you buy or sell a home without a real estate agent? Let’s be honest. If you’re in the market to buy or sell a home in the Greater Charlotte area, you’ve probably asked yourself that very question.

Turn on the news, and you’ll hear stories of multiple offers and even bidding wars for homes in our area. You may even have thought… “I could sell my home myself and save a ton of money!”

And the truth is, you don’t legally need an agent to buy or sell a home.

But SHOULD you buyer or sell a home without an agent? Now, that’s a different matter.

Finding a New Home for Your Next Stage of Life

Buying A Home For Each Stage Of Your Life

It’s been said that the only constant in life is change. As real estate professionals, we see evidence of that every day.

A couple’s first home is suddenly too small to accommodate their expanding family. As their children grow, they need a bigger backyard or more bedrooms. And when their kids move away, that big house can sometimes feel like a burden rather than a necessity.

If you’re about to embark on a new stage of life (or maybe it’s already arrived), it’s probably time to reevaluate your housing needs.