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For Sale By Owner Sale

  • A licensed appraiser hand-selects comparable home sales, only choosing the most recent and relevant ones. 

  • Appraisers make value adjustments based on the home's size, condition, and upgrades and may use information and photos you, the owner, provide that an AVM does not have access to and never considers.

  • A home value estimator pulls automated home sales data based on an algorithm from a more significant boundary than an appraiser typically uses.

  • Automated estimators typically have an error rate of about 7% on non-listed homes, which translates to being off by $58,205 on the median Ventura County home.

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Often, a homeowner will use an Online Valuation site (AVM) like Zillow or Redfin to help determine the asking price for their home when looking to sell without an agent or when considering an instant cash offer buying company's proposal. A home appraisal is more accurate than any online home value estimator. Here are a few reasons why:

A For Sale By Owner Appraisal (FSBO) includes: 

  • Suggestions on improving the marketability of your property

  • Extra photos of comparable homes you are marketing against

  • Estimated Selling Price and Suggested List Price

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