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.Real Esiaiie
Eileen M. Day REALTQft ---
PR1CE ESTIMATE NOT - - £
AN APPRAISAL Real estate brokerage is primarily; a listing and selling business. It is> no secret that almost every real estate office would like the opportunity to list your home for sale. Many offices offer market price estimates at no charge tQ homeowners. A market price estimate usually consists of an agent previewing the interior and exterior of the home and, b4s£d on his or her experience, verbally estimating the value of that home. The verbal market estimate' is" $ reasonable “guesstimate" ana* although it could be right on the mark as the best selling price,'* should not be mistaken for a formal written appraisal which may be needed for insurance or legal matters. An appraisal is a written report based on the research of variables, such as comparable! sales, land values, zoning, construction costs, market and financing conditions, etc. Don’t confuse the two. A free market estimate is a rough sales planning tool. An appraisal is a defendabld formal document. If there is anything we can do UJ help you in the Held of real estate; please stop in at EILEEN M. DAY* Realtor, the Clopton HouseJ Washington, Va., 22747. Phone 675-3033, We’re here to help.
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