So, long story short:
-- I'm a financial/real estate idoit.
-- Several months ago we talked to a realtor about selling our house. We elected not to for several reasons.
-- That realtor had suggested a listing price lower than we had been expecting, although I don't think it was necessarily unreasonable.
-- Things change, and now we are interested in selling again.
My question for the Shagverse is whether there is a good argument for or against my getting an appraisal on our house before we put it up for sale.
Advantages I see:
1) I (hopefully) would get a relatively unbiased/realistic assessment, not worrying about whether the realtor has an incentive to either sell quickly or hold out for a bigger commission (I have trust issues).
2) OK, I can't think of another one.
Possible disadvantages I wonder about:
1) The more I see of this stuff, the more I wonder how much of an assessment is pulled out of appraiser's ass to help a sale go through (within reason).
2) I certainly understand that an appraisal =/= what somebody will pay, so is it even that useful of a reference point?
3) If I get an appraisal done, does it "stick" for a certain period of time? My concern would be that, if say we were to be able to sell for higher than our appraisal (in my fantasy world of unicorns and gumdrops), could that lower appraisal cause a problem at closing?
4) That's 400 bucks I could spend on beer.
Thanks for your help. As you can see, I'm a big dummy.