We’re going to take a wild guess and say you’ve already figured out what a home value is by this point — but for the sake of due diligence, let’s explore the concept some more. Ask 10 appraisers to assign a value to your client’s property, and they’ll likely come back with 10 different numbers. It’s a partly subjective task to provide an estimated value to a property, given the many factors that affect home values: the value of nearby residences, recent home sales figures, economic factors. The important thing is to get at least a couple of opinions for any sellers you represent to get as accurate a figure as possible.

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