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Real Estate Agents questions, answered by experts

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

A home inspection evaluates the property visually to determine whether there are any structural problems that the current homeowner must repair before selling. A home appraisal is a thorough evaluation of the property and its surrounding area to determine its current market value, which informs homeowners of the value of their home to help set the asking price. The appraisal will guide the mortgage company’s lending decision.

Installing a flagpole can improve your home’s curb appeal, so it will often have a modest positive impact on your property value. You’ll see a much larger bump in property value if you install a custom wooden flagpole than you would if you install a standard aluminum pole. Adding lighting to your flagpole will also have a positive impact on home value, as will trimming trees away from the new lawn addition.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

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