When consumers are thinking about buying or selling a home, but before they start the process, there’s that unavoidable question: What’s the value of the home?
At HAR, we are excited to announce development of a new tool that lets consumers compare home values INSTANTLY – from leading sources. HAR.com’s Home Value Comparable tool provides quick estimates for the value of any home in Texas. Consumers can see the low, mid, and high value estimates, along with a confidence score.
It’s important to understand that Automated Home Valuation (AVM) providers can provide a broad valuation range, but cannot always provide intangibles, detailed neighborhood trends and interpret the numbers which help to realistically define the value of a home.
The importance of working with a REALTOR®
The third-party home value estimates may be fast, but they may also be confusing. While consumers sometimes put an emphasis on the valuation numbers, we are using these wide-range of estimates to show consumers that while they may be able to get a general idea of a home’s value, provider estimates are all over the place and ranges can vary by thousands of dollars.
We emphasize that to accurately identify a home’s market value it is really REALTORS® who have the market knowledge and experience to help explain neighborhood trends and interpret the numbers which determine a home’s realistic value.
REALTORS® are the go-to source for all of your real estate needs.
How does the process work?
At HAR, it is important to us that we provide you with unique and innovative tools that can propel your business to the next level. The Home Value Comparable tool is a great way to get consumers curious about the value of their home and drive them to you for a more accurate market value.
Go to www.har.com/homevalues/compare to test-drive the tool!