RELOCATION APPRAISAL

Time is money. When you’re relocating to a new area for work you are interested in maximizing value and mitigating loss on the sale of your current home.  When you are required to put your home on the market and take advantage of your employer’s relocation assistance, you’re interested not in the “fair market value” of the home, but its anticipated sales price, typically as soon as possible — usually not to exceed 120-180 days. Striking the right balance in these factors takes market knowledge and experience and, most importantly, the need for speed doesn’t make the relocation appraisal simpler than an average lending/mortgage appraisal – quite to the contrary. It is reliant upon a specialized expertise, training and experience on the part of the appraiser.

REIS Group is a member of the Worldwide ERC® – the Workforce Mobility Association – with over 25 years of  experience in property valuations. When we perform a relocation appraisal, we consider recent closed sales but also competing listings in the area as well as pending sales. We offer a forecast of the likely sales price oh which you can rely, considering, among other factors, the dynamics of the neighborhood at the time of the relocation. All relocation appraisals are reported on the standard ERC Residential Appraisal Report form, the industry’s accepted relocation appraisal format. If you’re a relocation services company in need of an experienced local appraiser contact: REIS Group.Our professional relocation appraisal services are backed by our superior service, turn time, and knowledge of the complexities of the New York City market – serving Manhattan, Brooklyn, Queens, Bronx and Nassau County residents since 1984.

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply contact us.