Bryan, TX — In a slower real estate season, what good is your appraisal? Verdad Valuation Services owner
Kelly Seaton says plenty. It’s still a reliable tool to know when a buyer presents the seller with a low-ball offer or when it’s a good deal.
“In June and July when business is booming, sales data was plentiful. Last months sales were a good indicator of a property’s present value,” Seaton said. “When there is a sudden shift in market, this is not necessarily the case. More research needs to done to quantify the stability of an area’s market.”
Who should use an appraiser? Usually, Verdad Valuation sees banks and lenders as their client. Seaton also sees home owners as clients, who just want to get an idea of value on their home pre-sales, before they even become a seller. Or an independent FSBO may try to protect himself from a bad deal, seeking the opinion of an independent third party.
Great technology platforms enable Verdad Valuation to research legal land descriptions or soil types even before setting foot on the property. “So many resources are available to us through Google Earth and the U.S. Department of Agriculture that help appraisers to examine the real estate from many facets,” Seaton said.
From local residential to rural land appraisal, Verdad taps into 20 years of experience working with industry greats like Reagan Magee of Promise Land Real Estate. Seaton is happy to open his own business and begin serving customers. Check out Verdad’s website for details about his work and interesting industry myths about appraisers.
Cindy Seaton, REALTOR