While the San Diego real estate market is still very warm, it has cooled significantly from being completely on-fire 6 months ago. On yesterdays radio show, we discussed the idea of home-sellers obtaining an appraisal BEFORE listing the home for sale. That way, the listing price would be justified by a third-party, professional opinion and potential home-buyers could have full confidence in making offers near that value. I don’t think this ever happens in the San Diego real estate market, but we had a great time discussing the pros/cons of such a strategy and if it should be mandatory.
What do YOU think?
Is it a good idea?
Why or why not?
Today’s Mr Credit Radio show podcast: