Accurate Home Values Columbia SC

A good Competitive Market Analysis represents the best way to obtain comprehensive and reliable home-value data. The CMA calculates the market value of a home based on extensive information about the home and the neighborhood in Columbia, including comparable sales, local schools performance and neighborhood demographics.

Carlton Segars
(803) 730-0082
P.O. Box 50201
Columbia, SC
Company
Segars & Associates
Appraisal Types
Residental, fha, hud, edi
Licensing Information
License Number: CR-80
Counties Served
Siken, Bamberg, Barnwell, Choun, Fairfield, Kershaw, Lexington, Newberry, Srangeburg, Richland, Suda

Data Provided by:
Vanessa Key
(803) 755-3469
4006 Bachman Road PO Box 2583
West Columbia, SC
Company
Accredited Key Appraisals, Inc
Appraisal Types
Residental
Licensing Information
License Number: CR 3365
Insured
Counties Served
Siken, Choun, Lexington, Srangeburg, Richland, Sumter

Data Provided by:
Wellon Hunter
(803) 359-3421
512 Harbour Place Court
Lexington, SC
Company
Hunter Appraisals
Appraisal Types
Residental, fha
Licensing Information
License Number: South Carolina CR-44

Data Provided by:
Thomas F Wingard
(803) 252-5193
2711 Middleburg Dr Ste 207
Columbia, SC
Licensing Information
State: NC

License Number: A2040
Appraisal Certifications
Certified General
Conforms to AQB Criteria
Yes

Justin D Albright
(803) 771-4434
1206 Scott Street
Columbia, SC
Company
JDA
Appraisal Types
Residential, EDI capable.
Licensing Information
State Licensed In: South Carolina
State License or Certification Number: CR-4545
License/Certificate Type: Certified Residential.
Counties Served
Richland, Lexington, Sumter, Calhoun, Fairfield, Kershaw.

Data Provided by:
Jim Kersey
(803) 260-7886
6812 Pine Tree Circle
Columbia, SC
Company
Jim Kersey
Appraisal Types
Residental, fha
Licensing Information
License Number: CR 5143
Insured
Counties Served
Choun, Fairfield, Kershaw, Lexington, Richland

Data Provided by:
Larry Pollard/Lora Compas
(803) 786-9200
1073 Mickle Road
Blythewood, SC
Company
State Wide Appraisal Service
Appraisal Types
Residental, fha
Licensing Information
License Number: CR885/L4055
Insured
Counties Served
Fairfield, Kershaw, Lexington, Richland, Sumter

Data Provided by:
Timothy Alan Broome
(803) 251-3000
628 Pickens Street
Columbia, SC
Company
Bag Appraisal Services
Appraisal Types
Residential.
Licensing Information
State Licensed In: South Carolina
State License or Certification Number: 3515-L
License/Certificate Type: Licensed.
Counties Served
Richland, Sumter, Lexington, Kershaw, Fairfield.

Data Provided by:
Christopher Barczak
(803) 513-5511
1929 Marion Street
Columbia, SC
Company
Barczak and Associates, Inc
Appraisal Types
Residential, FHA, EDI capable.
Licensing Information
State Licensed In: South Carolina
State License or Certification Number: 2298
License/Certificate Type: Licensed.
Counties Served
Richland, Lexington, Kershaw.

Data Provided by:
Mark W Van Popering
(803) 779-4666
2711 Middleburg Dr 108 D
Columbia, SC
Licensing Information
State: NC

License Number: A1795
Company
Van Popering Company, Llc
Appraisal Certifications
Certified General
Conforms to AQB Criteria
Yes

Data Provided by:

Accurate Home Values

Accurate Home Values Imperative for Sellers
By Jim Saccacio, RealtyTrac Chief Executive Officer

As the real estate market continues to lose steam, accurate and up-to-date home value data is vital for home sellers, ensuring they realize a timely and profitable transaction.

A good Competitive Market Analysis represents the best way to obtain comprehensive and reliable home-value data. The CMA calculates the market value of a home based on extensive information about the home and the neighborhood, including comparable sales, local schools performance and neighborhood demographics.

A local real estate agent should be able to provide a good CMA. If they don't already have an agent, sellers can contact an agent using the RealtyTrac Agent Network . The CMA should include a summary sheet that identifies an estimated market value, and an agent can help dig deeper and interpret the rest of the information in the analysis.

Of course, the CMA won't take into account any renovations and enhancements to the property, but if sellers are familiar with the condition of other properties on the comparable sales list, they can extrapolate somewhat — with the help of a real estate agent — based on the condition of their home.

A good real estate agent also can give suggestions about making small, even cosmetic, improvements that will enhance the property's value. Simply planting some flowers or rearranging the furniture or even just making sure the home is clean can make a big difference when showing the property to potential buyers.

Avoiding pricing pitfalls
Traditionally, it's considered important for sellers to pinpoint the market value of a property being sold so that they can set an asking price that allows them to take full advantage — in their pocketbook — of the fair market value of the property.

When setting an asking price for a property, it's important that sellers neither under price nor overprice the property. Under pricing was a common pitfall in sizzling markets that have experienced double-digit gains in recent years. In these markets, which are for now a thing of the past, homeowners would underestimate the dramatic rise in value that has occurred since the home was purchased. That led to an asking price set far below market value. And once the asking price is set, there's no easy way to raise it short of praying for a bidding war.

The consequences for under pricing are somewhat obvious for the seller. While they may sell the property quickly, it's likely that they'll end up walking away from the sale with less equity to pocket or to put down for another property. And if they buy another property, they can't count on other sellers making the same mistake and setting a below-market asking price. The net result: they end up losing ground on what is probably the biggest investment of their lifetime.

There's also a big-picture consequence for pricing and selling under market value: it will lower the overall value of homes in the neighborhood. This shouldn't be the number-one concern of a seller, but the neighbors will be thankful if a property sells for full market value.

Sellers should also be careful to avoid the more subtle, but equally damaging mistake of setting a too-high asking price -- a more common pitfall in a market with sluggish sales and flat or depreciating home values. Overly exuberant about the rate of appreciation they've observed historically for their property, homeowners can fall into the trap of setting an asking price based on speculation, with not a lot of hard data to support that speculation.

If no buyers bite on an inflated asking price, it's possible to lower it, but that's a scenario sellers would be wise to avoid. Once the price is lowered, buyers at the very least will assume they have the upper hand in negotiations. At the worst, they may assume there's something wrong with the property that's forcing the sellers to lower the asking price. This can end up prolonging the time it takes to get the property sold and lowering the final purchase price below fair market value.

By contrast, if sellers find the happy medium between under pricing and overpricing — with the help of a quality CMA and real estate agent — they'll be able to move the property in a reasonable time frame and receive full market value from the sale. And that makes for a successful transaction.

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