Welcome to another episode of the Denver Wealth Podcast. This week we are joined by real estate expert, Jason Rossi. Jason was a home appraiser for thirteen years before moving making the move to a realtor, so he knows a thing or two about the home buying process. He offers some fantastic advice on selling your home, from updates to improve value to selling at the right time.
Thank you for tuning into our podcast; subscribe if you haven’t. We are on iTunes and Stitcher. If you have any questions, we would love to hear them. Call us, send us an email, message us on Facebook, or all of the above.
“How should a home owner or perspective buyer/seller go about determining what the fair value of their home actually is?” [1:02]
- Home-value websites [1:51]
- Should you use an appraiser? [3:07]
How do you go about finding a good real estate agent? [5:40]
- List-to-Sold Ratio (aka Sale-to-List) [6:14]
How do you determine the housing market condition in your area? [8:48]
Why is it important to choose the right realtor? [12:03]
- How effective are they at pricing your property? [12:29]
Underpricing your house [15:22]
Checking the comparable sales [17:40]
- What if there are no comparables? [18:14]
“What are some of the mistake people make in the appraisal process?” [20:12]
- Underestimating external obsolescence
- Overestimating home upgrades [21:26]
You never want to be the nicest house in the neighborhood.
Pay attention to what’s going on in your neighborhood. [24:00]
Where will you see the best return on your investment? [27:07]
- Is there anything specific that appraisers are looking for? [28:41]
“What factors go into an appraisal?” [29:59]
Is there anything you can do to help increase the value of your home? [32:05]
What advice would Jason give to homebuyers and sellers in today’s market? [34:23]
You are under no obligation to use the services of Jason Rossi and Home Smart Realty Group, and may choose any qualified professional to provide real estate services. Jason Rossi and Home Smart Realty Group and their services are not affiliated with LPL Financial and Denver Wealth Management.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
All examples referenced are hypothetical and are not representative of any specific tax investment. Your results may vary.
The information in the links above are being provided strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of the information provided at these web sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to your use of third-party technologies web sites, information and programs made available through this web site. When you access one of these websites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.
No strategy assures success or protects against loss.