The appraisal helps you establish an appropriate and competitive selling price. A price that is too high may discourage buyers, while a price that is too low will cause you to lose money.

By pricing correctly based on valuation, you increase the likelihood of attracting more potential buyers. A fair price well-adjusted to the market will generate more interest and visits.

An accurate appraisal can help sell the home faster. If the price is realistic, the property won’t stay on the market for long.

​With a professional appraisal, you have a solid basis for negotiating with buyers. You can justify the asking price and defend it during negotiations.

Banks and other financial institutions make their own estimates when a buyer applies for a mortgage. If the bank's appraisal is significantly lower than your sales price, the buyer will have difficulty obtaining the necessary financing. A prior appraisal can help you avoid this situation.