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Updated about 4 years ago on . Most recent reply
Getting an appraisal BEFORE listing a property
I'm considering selling a duplex of mine in Tulsa Oklahoma (waiting for a couple of other similar properties to close so I have good comps) and I was wondering what the BP communities thoughts were on getting an appraisal before listing the property vs waiting till and interested buyer comes along. Is it worth it? Does it save time/headaches? Let me know your thoughts.
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The buyer's lender will need to order their own appraisal most likely, so you would just be wasting 500 bucks. Sounds like you have good comps, so I'd go ahead and list it where you and your realtor agree is a good price and feel confident that you have good comps to support that value. Good luck!