logo
  • Home
  • Apply Now
  • Resources
    • Loan Programs
    • Loan Process
    • Mortgage Basics
    • Mortgage Calculators
    • Online Forms
    • FAQ
  • About
  • Contact
  • Blog
  • Testimonials
  • Featured Products
    • 1% Down Conventional Loan
    • VA Elite
  • 8594429700
logo
  • Home
  • Apply Now
  • Resources
  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • FAQ
  • About
  • Contact
  • Blog
  • Testimonials
  • Featured Products
  • 1% Down Conventional Loan
  • VA Elite
  • 8594429700

Who determines the market value of a property?

The property seller sets the price, especially for residential property, not the Appraiser. Sellers usually don't order an appraisal because they want to obtain the highest price for their home and therefore don't want to be bound by the Appraiser's assessment.

The real estate agent receives a percentage of the price as compensation and often represents the seller in the transaction and assists them in setting the sale price. They perform a Comparative Market Analysis (CMA), which real estate agents in most states are allowed to perform without an Appraiser's License or Certification. The CMA is vital to the agent’s preparation for a listing examining recent property sales in the neighborhood to arrive at a listing price. Typically the agent will suggest a price to the seller based on the CMA however the seller may choose to list their property for a higher price.

Mortgage Calculator

Our user-friendly calculator puts you in charge of estimating your mortgage payment.

Calculate Now

About Us

We've been helping customers afford the home of their dreams for many years and we love what we do.

Company NMLS: 1264
www.nmlsconsumeraccess.org

Contact Us

880 Alexandria Pike, Ste 203
Fort Thomas, Kentucky 41075
Phone: 8594429700
dagf147@gmail.com

Disclaimers

  • Legal
  • Privacy Policy
  • Site Map
  • Licensing

Resources

  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • FAQ

LenderHomePage Powered By LenderHomePage.com