6 November 2023 / 3 min read
The Digital Advantage: Online Appraisals vs. Real Estate Agents
In this era of digital convenience, the real estate landscape is adapting to the transformative power of technology. Homeowners now have the option to receive up to five estimated property values through online appraisals before deciding whether to engage a real estate agent for an in-person assessment. This process offers numerous compelling advantages when compared to the traditional method of immediately inviting a real estate agent into your home.
Online appraisals epitomize convenience. With a few simple clicks, homeowners can receive estimated property values from up to five agents without the hassles of coordinating in-person appointments, all within just two business days. Say goodbye to waiting for agents to arrive, scheduling multiple property walkthroughs, or sharing your contact details. The online appraisal process is streamlined and efficient, providing you with the information you need and enabling you to make contact with the agent whose appraisal aligns with your preferences.
Online Appraisals: A Valuable Starting Point
It's crucial to understand that while online appraisals serve as a convenient starting point, they do not entirely replace the expertise of a real estate agent. However, for homeowners seeking quick and efficient insights into their property's value and the right agent to proceed with, online appraisals are a valuable first step before engaging an agent. The human touch and nuanced understanding provided by an experienced agent remain invaluable when navigating complex real estate transactions.
AgentSpot stands out by offering you up to five personalised appraisals, from actual agents, rather than relying on generic area sales averages like many other online platforms do, to determine your property’s estimated value.
Comparing Appraisals: Digital Uniformity vs. Agent Variability
When it comes to evaluating property appraisals, our online platform holds a significant advantage. The standardized format of appraisals received from an AgentSpot member simplifies the evaluation process. You can effortlessly line up the appraisals you've received side by side, ensuring consistency and identifying any potential variations.
In contrast, comparing information provided by different real estate agents who visit your home can be a more complex endeavour. Each agent may employ their unique methodology, resulting in varying formats, data points, and terminology. This disparity can create confusion, making it challenging to directly compare their assessments and ultimately gauge the accuracy of the valuations.
Use AgentSpot to find the right agent
Our online platform serves as a valuable starting point for homeowners seeking to quickly and efficiently understand their property's value. Moreover, the standardized format of the appraisals vendors receive streamlines the comparison process, ensuring a transparent and straightforward decision-making experience. While the human touch of a real estate agent remains essential, online appraisals are a valuable tool for those seeking digital clarity in the world of real estate appraisals.
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