What Are Home Measurement Services?
When selling a home, you must present an accurate gross living area (GLA) measurement to potential buyers. Unfortunately, the GLA or above-grade finished square footage of homes are often inaccurately recorded in county records or online sources. Realtors or homeowners, then, have two basic options:
- Advertise with the GLA listed in county records, even though the measurements may be wrong.
- Employ a certified appraiser for a home measurement appraisal that adheres to ANSI and Fannie Mae guidelines.
A home measurement appraisal is unique in that there is no value opinion involved. It simply offers an evaluation of the home’s above-grade living area. If you are selling a home and believe that the GLA recorded in county records is wrong, it’s in your best interest to seek a professional for home measurement services.
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Why Are Home Measurement Appraisals Important?
- Accurate Calculations for Price/Square Foot
The last thing any seller wants is for their home to have a much higher price per square foot than other homes on the market. Many buyers shop for homes based on square footage, and realtors often focus on calculating the price per square foot for their clients. An inaccurate GLA will, therefore, throw off a home’s price and market value.
- Better Marketing
Staying competitive in the real estate market is another reason to invest in home measurement services. Since realtors pull data on comparable homes that have recently sold in the area, a high price per square footage can hurt a home’s sales chances, even when no comparable homes are currently on the market.
- Industry Ethics
While GLA measurements are important for marketing purposes, they are also vital for aligning with the ethics of the real estate industry. Realtors are ethically bound to advertise homes with integrity. Advertising an inaccurate GLA — or one that has not been verified by a home measurement appraisal — is risky. No realtor wants to be liable for GLA figures that don’t match public records.
Why Choose Authority Appraisals?
Authority Appraisals has the expertise and on-the-ground experience you need for accurate home measurement appraisals. Our team of certified appraisers adheres to the highest ethical standards and can be relied upon to provide industry-standard GLA calculations.
Authority Appraisals also can offer professional Brokerage Services under our sister company Rhodes & Associates Realty. For more information on our Brokerage services please visit us on the web at www.Rhodes-Associates.com
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